Ardagh Metal Packaging SA (AMBP) Q3 2024: Everything You Need to Know Ahead of Earnings

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Oct 23, 2024

Ardagh Metal Packaging SA (AMBP, Financial) is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is $1.34 billion, and the earnings are expected to come in at $0.03 per share. The full year 2024's revenue is expected to be $4.92 billion and the earnings are expected to be $0.03 per share. More detailed estimate data can be found on the Forecast page.

Ardagh Metal Packaging SA (AMBP, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Ardagh Metal Packaging SA (AMBP) for the full year 2024 have declined from $5.00 billion to $4.92 billion, and for 2025, from $5.15 billion to $5.08 billion. Earnings estimates have also been revised downward, from $0.04 per share to $0.03 per share for the full year 2024, and from $0.10 per share to $0.09 per share for 2025.

Ardagh Metal Packaging SA (AMBP, Financial) Reported History

In the previous quarter of June 30, 2024, Ardagh Metal Packaging SA's (AMBP) actual revenue was $1.26 billion, which missed analysts' revenue expectations of $1.32 billion by -4.5%. Ardagh Metal Packaging SA's (AMBP) actual earnings were -$0.01 per share, which missed analysts' earnings expectations of $0.018 per share by -155.56%. After releasing the results, Ardagh Metal Packaging SA (AMBP) was down by -2.4% in one day.

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Ardagh Metal Packaging SA (AMBP, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 8 analysts, the average target price for Ardagh Metal Packaging SA (AMBP) is $4.13 with a high estimate of $5.10 and a low estimate of $3.00. The average target implies a downside of -2.02% from the current price of $4.21.

Based on GuruFocus estimates, the estimated GF Value for Ardagh Metal Packaging SA (AMBP, Financial) in one year is $4.88, suggesting an upside of 15.91% from the current price of $4.21.

Based on the consensus recommendation from 8 brokerage firms, Ardagh Metal Packaging SA's (AMBP, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.