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28.07.2016 23:55:14

AptarGroup Inc. Earnings Advance 13% In Q2

(RTTNews) - AptarGroup Inc. (ATR) revealed a profit for its second quarter that increased from last year.

The company said its bottom line came in at $59.05 million, or $0.91 per share. This was higher than $52.18 million, or $0.81 per share, in last year's second quarter.

Analysts had expected the company to earn $0.90 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.3% to $620.00 million. This was up from $594.28 million last year.

AptarGroup Inc. earnings at a glance:

-Earnings (Q2): $59.05 Mln. vs. $52.18 Mln. last year. -Earnings Growth (Y-o-Y): 13.2% -EPS (Q2): $0.91 vs. $0.81 last year. -EPS Growth (Y-o-Y): 12.3% -Analysts Estimate: $0.90 -Revenue (Q2): $620.00 Mln vs. $594.28 Mln last year. -Revenue Change (Y-o-Y): 4.3%

-Guidance: Next quarter EPS guidance: $0.79 to $0.84

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AptarGroup 164,10 1,42% AptarGroup