Aptargroup Inc expected to post earnings of $1.15 a share - Earnings Preview

AptarGroup

23/04/2024 22:09

* Aptargroup Inc  ATR.N   ATR  is expected to show a rise in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Crystal Lake Illinois-based  company is expected to
report a
3.5% increase in revenue to $890.329 million from $860.07
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Aptargroup Inc is for
earnings
of $1.15 per share. The company's EPS guidance on February 8
2024, for the period ended March 31, was between $1.10 and
$1.18 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Aptargroup
Inc is
$150.00​, above​ its last closing price of $140.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.12        1.12       1.21      Beat    8.2
 Sep. 30 2023  1.27        1.27       1.39      Beat    9.4
 Jun. 30 2023  1.13        1.14       1.23      Beat    8.2​
 Mar. 31 2023  0.90        0.90       0.95      Beat    5.2
 ​​Dec.        0.79        0.79       0.92      Beat    16.5
 31 2022                                                
 Sep. 30 2022  0.93        0.94       0.95      Beat    1.5​
 Jun. 30 2022  0.96        0.96       0.96      Met     0.1
 Mar. 31 2022  0.96        0.96       0.96      Met     0.1
 This summary was machine generated April 23 at 21:09 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)