Street Expectation From Ardagh Group S.A. (ARD) 2Q20 Earnings?

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Ardagh Group S.A. (NYSE:ARD) is set to announce second quarter earning results on Thursday 23rd July 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, ARD to report 2Q20 income of $ 0.30 per share.

For the full year, analysts anticipate top line of $ 6443.15 million, while looking forward to income of $ 1.22 per share bottom line.

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. came out with income for the first quarter of $ 0.31 per share, from the revenue of $ 1,622.00 million. The quarterly earnings declined 11.43 percent while revenues contracted 26.94 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.28 per share from $ 1622.43 million in revenue. The bottom line results beat street analysts by $ 0.03 or 10.71 percent, at the same time, top line results fell short of analysts by $ 0.43 million or 0.03 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Ardagh Group S.A.

Stock Performance

According to the previous trading day, closing price of ARD was $ 13.96, representing a 51.74 % increase from the 52 week low of $ 9.20 and a 35.19 % decrease over the 52 week high of $ 21.54.

The company has a market capital of $ 3.30 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.

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Recent Stock Dividend Announcement

On April 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 June 3, 2020, with payment date of June 17, 2020 and ex-dividend date on June 2, 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.