AptarGroup Q2 2024 Adj EPS $1.37 Beats $1.36 Estimate, Sales $910.00M Miss $933.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
AptarGroup (NYSE:ATR) reported Q2 2024 adjusted EPS of $1.37, beating the estimate of $1.36. However, sales were $910.00 million, missing the estimate of $933.17 million. Sales increased by 1.57% compared to the same period last year.
July 25, 2024 | 9:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
AptarGroup's Q2 2024 earnings per share beat estimates, but sales missed expectations. Despite the sales miss, there was a year-over-year increase in sales.
The beat on EPS is a positive sign, but the miss on sales could concern investors. The year-over-year sales increase provides some reassurance, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100