Aptargroup Inc reports results for the quarter ended in September 30 - Earnings Summary

AptarGroup

27/10/2024 15:50

* Aptargroup Inc  ATR.N  reported quarterly adjusted
earnings of
$1.49​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $1.39.  The mean expectation of six analysts for the quarter
was for earnings of $1.42 per share. Wall Street expected
results to range from $1.41  to $1.43 per share.
    * Revenue rose 1.8% to $909.29 million from a year ago;
analysts
expected $922.33 million. 
    * Aptargroup Inc's reported EPS for the quarter was $1.48​.
    * The company reported quarterly net income of $100.04
million.
    * Aptargroup Inc shares had risen by 4.0% this quarter and
gained 34.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "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 also "strong buy"

Wall Street's median 12-month price target for Aptargroup Inc is
185.00 
This summary was machine generated from LSEG data October 27 at
03:50 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
 Sep. 30 2024      1.42           1.49           Beat
 Jun. 30 2024      1.36           1.37           Beat
 Mar. 31 2024      1.15           1.26           Beat
 Dec. 31 2023      1.12           1.21           Beat