Aptar Q2 sales beat estimates on strength in consumer healthcare and injectables
Aptar Q2 sales beat estimates on strength in consumer healthcare and injectables
Overview
Drug delivery and dispensing firm's Q2 sales rose 6% and beat analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company repurchased $50 mln in shares during the quarter
Outlook
Aptar expects Q3 2026 adjusted EPS between $1.45 and $1.53
Company anticipates solid growth across Pharma, Beauty and Closures segments in Q3
Aptar expects emergency medicine destocking headwind to abate by Q4
Result Drivers
PHARMA SEGMENT MIX - Growth in consumer healthcare, injectables and prescription applications, partly offset by lower emergency medicine sales and weaker active material science solutions
BEAUTY DEMAND AND MIX - Increased demand for prestige fragrance dispensing and color cosmetics, but margins declined due to lower volumes, unfavorable mix and resin timing
CLOSURES GROWTH AND COSTS - Strong beverage dispensing demand and new closure innovations drove sales, but margins were pressured by costs from new production lines and maintenance
Company press release: ID:nBw8TWkpha
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Beat | $1.03 bln | $1.008 bln (6 Analysts) |
Q2 Adjusted EPS | Beat | $1.42 | $1.35 (7 Analysts) |
Q2 EPS |
| $1.36 |
|
Q2 Net Income |
| $88 mln |
|
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the non-paper containers & packaging peer group is "buy"
Wall Street's median 12-month price target for Aptargroup Inc is $158.00, about 18% above its July 30 closing price of $133.87
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 22 three months ago
Reuters Recommended Reads
July 29 - Silgan beats Q2 revenue, profit estimates on volume growth
July 30 - Baxter raises annual profit forecast on strength in drug compounding business
July 29 - German medical packaging firm Gerresheimer to sell two units to Apax for $1.71 billion
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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Aptar Q2 sales beat estimates on strength in consumer healthcare and injectables