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AptarGroup: Q4 Earnings Snapshot

AptarGroup: Q4 Earnings Snapshot

By AP News
Published - Feb 16, 2023, 05:29 PM ET
Last Updated - Jun 22, 2023, 09:07 PM EDT

CRYSTAL LAKE, Ill. (AP) — CRYSTAL LAKE, Ill. (AP) — AptarGroup Inc. (ATR) on Thursday reported fourth-quarter earnings of $59 million.

On a per-share basis, the Crystal Lake, Illinois-based company said it had net income of 89 cents. Earnings, adjusted for non-recurring costs, came to 92 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

The maker of consumer-product dispensing systems posted revenue of $795.9 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $780 million.

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