Aptargroup Inc reports results for the quarter ended in June - Earnings Summary

AptarGroup

25/07/2024 23:49

* Aptargroup Inc  ATR.N  reported quarterly adjusted
earnings of
$1.37​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of $1.23. 
The mean expectation of six analysts for the quarter was
for earnings of $1.36 per share. Wall Street expected results to
range from $1.34  to $1.39 per share.
    * Revenue rose 1.6% to $910.06 million from a year ago;
analysts
expected $933.17 million. 
    * Aptargroup Inc's reported EPS for the quarter was $1.34​.
    * The company reported quarterly net income of $90.45
million.
    * Aptargroup Inc shares had risen by 2.0% this quarter and
gained 16.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the non-paper
containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for Aptargroup Inc is
$163.00 
This summary was machine generated from LSEG data July 25 at
10:49 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       1.36           1.37           Beat
 Mar. 31 2024      1.15           1.26           Beat
 Dec. 31 2023      1.12           1.21           Beat
 Sep. 30 2023      1.27           1.39           Beat