AptarGroup Q2 Adj $1.23 Beats $1.14 Estimate, Sales $895.91M Miss $898.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
AptarGroup's Q2 earnings per share of $1.23 beat the analyst consensus estimate of $1.14 by 7.89%, a 28.13% increase from the same period last year. However, its quarterly sales of $895.91 million missed the estimate of $898.79 million by 0.32%, though it's a 6.08% increase from last year.
July 27, 2023 | 9:08 pm
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NEUTRAL IMPACT
AptarGroup's Q2 earnings beat estimates but sales missed, both showing an increase from last year.
AptarGroup's earnings beat estimates, which is positive for the stock. However, the missed sales estimate could offset this positive impact. Both earnings and sales increased from last year, indicating overall growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100