Ardagh Metal Packaging SANYSE: AMBP

Ardagh Metal Packaging had a successful beginning of the year, with a revenue increase of 11% in the Americas. The company's operating profit was $14 million, leading to a net loss of $12 million. AMBP anticipates a more than 25% rise in EBITDA for the current quarter and reaffirms full-year EBITDA projections of $630-660 million.

Ardagh Metal Packaging S.A. (AMBP) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.04 per share.

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Ardagh is poised to benefit from long-term expected global growth for metal cans. Ardagh's efforts to increase cash flow are materializing and can help drive the stock higher. Ardagh's low valuation as compared to its competitors leaves plenty of room to the upside for the stock.

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Ardagh Metal Packaging S.A. (NYSE:AMBP ) Q3 2023 Results Conference Call October 26, 2023 9:00 AM ET Company Participants Stephen Lyons - Investor Relations Oliver Graham - Chief Executive Officer David Bourne - Chief Financial Officer Conference Call Participants Mike Roxland - Truist Securities Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Operator Good day, and welcome to the Ardagh Metal Packaging Third Quarter 2023 Investor Call.

Ardagh Metal Packaging S.A. (AMBP) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate.

Ardagh Metal Packaging manufactures metal cans for beverage producers. The company's stock has seen a large decrease in price since going public in 2021, as the company's operating margin has fell from its historical level. Ardagh's financials have shown growth as the company has had heavy investments, but as investments slow down the company should see a more static future.