Amcor profit beats expectations with $6.3 billion gain in fourth quarter
Sales growth remains’strong’, but sales decline in China could hamper growth
Q3 EPS was $0.55 per share, down 18% year-over-year
Q3 net in카지노 사이트come was $1.3 billion, $1 billion lower than previously reported, partially due to $1 billion in stock repurchases
Adjusted EPS of $0.62 per share compared with $0.62 per share adjusted last quarter.
CNBC Ratings: «I love this deal. It’s a very large transaction from a business standpoint, particularly with the potential to generate revenue increases for the company and possibly make up for an earlier decline in its earnings.»
Penny Hausfeld, senior analyst at Jefferies: «Sales gains from the stock-based payer are really encouraging. They were more than anticipated. My expectation would be that they wapronxill add up to positive annual growth. And if everything comes together we could see that earnings from the earnings-sharing fund add up to significant increases. On a monthly basis, it’s a big win for IAM that their stock-based payer is doing so well. It’s very good. The other good news from the earnings report was that 바카라사이트it did bring in $1.1 billion in revenue for the company.»
Revenue growth for IAM was $4.3 billion, or 7% higher than it year-over-year.
IAM reported earnings of $1.33 per share, an 8% increase over the year-ago quarter. The company generated a net income of $7.4 billion, or $6.3 billion lower than previously reported, partially due to stock repurchases.
IAM and Amazon (NASDAQ: AMZN) have a $50 billion cross-border retail trade. This is a huge global business, and analysts expect this to grow and become a large player in 2017 as China expands. Amazon is a $60 billion-a-year ecommerce business. A few years back, Amazon had an average sales-per-customer of only $17, up from $15 two years earlier. Amazon, however, still lags its nearest competitor in China at $41.30 per customer.
The $4.3 billion profit from IAM is double its 2016 net income. IAM also said it saw the potential for increased growth over the next three years, becaus