AptarGroup Q1 2024 Adj EPS $1.26 Beats $1.15 Estimate, Sales $915.448M Beat $890.329M Estimate
Portfolio Pulse from Benzinga Newsdesk
AptarGroup (NYSE:ATR) reported Q1 2024 adjusted EPS of $1.26, surpassing the $1.15 estimate, and sales of $915.448M, exceeding the $890.329M estimate. This represents a 31.25% increase in EPS and a 6.44% increase in sales from the same period last year.
April 25, 2024 | 9:43 pm
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AptarGroup reported a significant beat on both EPS and sales estimates for Q1 2024, indicating strong financial performance.
Beating both EPS and sales estimates by notable margins suggests AptarGroup is outperforming expectations, which typically leads to positive investor sentiment and could drive the stock price up in the short term.
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