Ardagh Metal Packaging (NYSE:AMBP – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01, Briefing.com reports. Ardagh Metal Packaging had a negative net margin of 1.02% and a positive return on equity of 81.02%. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the company posted $0.04 EPS. The company’s quarterly revenue was up .3% compared to the same quarter last year.
Ardagh Metal Packaging Price Performance
Shares of AMBP opened at $3.64 on Friday. The firm has a 50 day simple moving average of $3.69 and a two-hundred day simple moving average of $3.65. The company has a debt-to-equity ratio of 124.21, a quick ratio of 0.61 and a current ratio of 0.95. Ardagh Metal Packaging has a one year low of $2.57 and a one year high of $4.17.
Ardagh Metal Packaging Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 12th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 10.99%. The ex-dividend date is Thursday, September 12th. Ardagh Metal Packaging’s dividend payout ratio (DPR) is presently -285.69%.
Analysts Set New Price Targets
Ardagh Metal Packaging Company Profile
Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.
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