Ardagh Metal Packaging (NYSE:AMBP – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01, Briefing.com reports. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.34 billion. Ardagh Metal Packaging had a positive return on equity of 114.77% and a negative net margin of 1.02%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 earnings per share.
Ardagh Metal Packaging Trading Down 1.3 %
Shares of AMBP stock traded down $0.05 during trading hours on Friday, reaching $3.86. 55,012 shares of the stock were exchanged, compared to its average volume of 1,337,889. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of -27.89, a price-to-earnings-growth ratio of 0.79 and a beta of 0.62. Ardagh Metal Packaging has a 12-month low of $2.80 and a 12-month high of $4.26. The company’s 50-day moving average price is $3.69 and its 200-day moving average price is $3.68. The company has a current ratio of 0.95, a quick ratio of 0.66 and a debt-to-equity ratio of 124.21.
Ardagh Metal Packaging Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.40 annualized dividend and a dividend yield of 10.36%. Ardagh Metal Packaging’s dividend payout ratio (DPR) is presently -285.71%.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Ardagh Metal Packaging
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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