Bemis (BMS) Set to Announce Earnings on Thursday

Bemis (NYSE:BMS) is scheduled to be releasing its earnings data before the market opens on Thursday, January 25th. Analysts expect Bemis to post earnings of $0.65 per share for the quarter. Bemis has set its FY17 guidance at $2.35-2.40 EPS.

Bemis (NYSE:BMS) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.05. Bemis had a return on equity of 17.83% and a net margin of 4.84%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the previous year, the company earned $0.75 earnings per share. The company’s revenue for the quarter was up .8% compared to the same quarter last year. On average, analysts expect Bemis to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of Bemis (NYSE:BMS) opened at $46.62 on Thursday. Bemis has a 52-week low of $40.60 and a 52-week high of $51.98. The stock has a market capitalization of $4,230.00, a PE ratio of 22.09, a PEG ratio of 2.58 and a beta of 0.95. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.91 and a current ratio of 1.80.

A number of brokerages have recently issued reports on BMS. Zacks Investment Research lowered Bemis from a “hold” rating to a “sell” rating in a research report on Tuesday, December 26th. KeyCorp reaffirmed a “hold” rating on shares of Bemis in a research report on Friday, October 13th. TheStreet raised Bemis from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. Finally, Barclays boosted their price objective on Bemis from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $48.60.

TRADEMARK VIOLATION WARNING: This report was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at

About Bemis

Bemis Company, Inc is a manufacturer of packaging products. The Company operates through two segments: U.S. Packaging and Global Packaging. The U.S. Packaging segment represents all food, consumer, and industrial products packaging-related manufacturing operations located in the United States. The Global Packaging segment includes all packaging-related manufacturing operations located outside of the United States, as well as global medical device and pharmaceutical packaging-related manufacturing operations.

Earnings History for Bemis (NYSE:BMS)

Receive News & Ratings for Bemis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bemis and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply