AptarGroup Inc. Q2 Earnings Decline

AptarGroup Inc. (ATR) announced a profit for second quarter that fell from last year.

The company’s profit came in at $55.78 million, or $0.86 per share. This compares with $65.19 million, or $1.01 per share, in last year’s second quarter.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 15.0% to $710.61 million from $617.75 million last year.

AptarGroup Inc. earnings at a glance:

-Earnings (Q2): $55.78 Mln. vs. $65.19 Mln. last year.
-EPS (Q2): $0.86 vs. $1.01 last year.
-Analysts Estimate: $1.01
-Revenue (Q2): $710.61 Mln vs. $617.75 Mln last year.

by RTTNews Staff Writer

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