Ardagh Group S.A. (NYSE:ARD) is expected to report third quarter earnings results, before market open, on Thursday 22nd October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.40 per share.
Looking ahead, the full year income are expected at $ 1.34 per share on the revenues of $ 6544.80 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.48 ~ $ 1.64 per share
Click Here For More Historical Outlooks Of Ardagh Group S.A.
Previous Quarter Performance
Ardagh Group S.A. unwinded income for the second quarter of $ 0.37 per share, from the revenue of $ 1,606.00 million. The quarterly earnings declined 22.92 percent while revenues reduced 29.19 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.30 per share from $ 1612.29 million in revenue. The bottom line results beat street analysts by $ 0.07 or 23.33 percent, at the same time, top line results fell short of analysts by $ 6.29 million or 0.39 percent.
Stock Performance
Shares of Ardagh Group S.A. traded up $ 0.11 or 0.72 percent on Wednesday, reaching $ 14.67 with volume of 47.00 thousand shares. The stock opened positive for the day at $ 14.56, after closing the previous day trading at $ 13.92.
According to the previous trading day, closing price of $ 13.92, representing a 51.30 % increase from the 52 week low of $ 9.20 and a 35.38 % decrease over the 52 week high of $ 21.54.
The company has a market capital of $ 3.47 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.
Recent Stock Dividend Announcement
On July 23, 2020, the board of directors authorized quarterly dividend of $ 0.15 per share to holders of record as of the close of business on September 17, 2020, with payment date of October 1, 2020 and ex-dividend date on September 16, 2020.
Ardagh Group S.A. manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company operates in four segments: Metal Packaging Europe, Metal Packaging Americas, Glass Packaging Europe, and Glass Packaging North America.
