AptarGroup Sees Q4 EPS $1.22-$1.30 Vs $1.31 Est.; FY24 EPS $5.34-$5.42 Vs $5.36 Est.
Portfolio Pulse from Benzinga Newsdesk
AptarGroup has provided guidance for Q4 2024 EPS to be between $1.22 and $1.30, slightly below the $1.31 estimate. For FY24, EPS is expected to be between $5.34 and $5.42, slightly above the $5.36 estimate, indicating a double-digit increase over 2023.
October 24, 2024 | 9:05 pm
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AptarGroup's Q4 2024 EPS guidance of $1.22-$1.30 is slightly below the $1.31 estimate, while FY24 EPS guidance of $5.34-$5.42 is slightly above the $5.36 estimate, indicating a positive outlook for the year.
The guidance for Q4 2024 EPS is slightly below analyst estimates, which might cause a short-term negative reaction. However, the full-year 2024 EPS guidance is above estimates, suggesting a positive long-term outlook, which could lead to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100