AptarGroup: Q2 Earnings Snapshot

Associated Press Finance
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CRYSTAL LAKE, Ill. (AP) — CRYSTAL LAKE, Ill. (AP) — AptarGroup Inc. (ATR) on Thursday reported second-quarter earnings of $83.1 million.

On a per-share basis, the Crystal Lake, Illinois-based company said it had net income of $1.24. Earnings, adjusted for investment gains, were $1.23 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.

The maker of consumer-product dispensing systems posted revenue of $895.9 million in the period.

For the current quarter ending in September, AptarGroup expects its per-share earnings to range from $1.23 to $1.31.

AptarGroup shares have climbed slightly more than 8% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $119.14, an increase of 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATR at https://www.zacks.com/ap/ATR

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