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Stock impact report

Ardagh Metal Packaging Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]

Ardagh Metal Packaging S.A. Ordinary Shares (AMBP) 
Company Research Source: Yahoo! Finance
Net loss: US$4.00m (loss narrowed by 75% from 2Q 2023). US$0.007 loss per share (improved from US$0.027 loss in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Ardagh Metal Packaging Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) was also behind analyst expectations. Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Packaging industry in the US. Performance of the American Packaging industry. The company's shares are up 4.0% from a week ago. Risk Analysis We don't want to rain on the parade too much, but we did also find 3 warning signs for Ardagh Metal Packaging (2 are concerning!) that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simp Show less Read more
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