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Ardagh Group: 3Q Earnings Snapshot

LUXEMBOURG (AP) _ Ardagh Group SA (ARD) on Thursday reported third-quarter earnings of $7 million.

The company said it had net income of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 52 cents per share.

The packaging company posted revenue of $2.39 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $2.32 billion.

Ardagh Group expects full-year earnings in the range of $1.60 to $1.70 per share.

Ardagh Group shares have decreased 34 percent since the beginning of the year. The stock has declined 34 percent 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 ARD at https://www.zacks.com/ap/ARD