Investing.com - Ardagh Metal Packaging (NYSE:PKG) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Ardagh Metal Packaging announced earnings per share of $0.06 on revenue of $1.17. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $1.17B.
Ardagh Metal Packaging shares are down 4% from the beginning of the year, still down 59.61% from its 52 week high of $10.20 set on October 28, 2021.
Ardagh Metal Packaging follows other major Materials sector earnings this month
Ardagh Metal Packaging's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on October 20 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
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