AptarGroup, Inc. (NYSE:ATR) is reporting third quarter financial results on Thursday 29th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, ATR is expected to report 3Q20 income of $ 0.84 per share from revenue of $ 707.07 million.
For the full year, analysts anticipate top line of $ 2821.11 million, while looking forward to income of $ 3.34 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.80 ~ $ 0.88 per share
Click Here For More Historical Outlooks Of AptarGroup, Inc.
Previous Quarter Performance
AptarGroup, Inc. revealed income for the second quarter of $ 0.80 per share, from the revenue of $ 699.30 million. The quarterly earnings decreased 30.43 percent while revenues decreased 6.96 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.67 per share from $ 652.18 million in revenue. The bottom line results beat street analysts by $ 0.13 or 19.40 percent, at the same time, top line results outshined analysts by $ 47.12 million or 7.22 percent.
Stock Performance
Shares of AptarGroup, Inc. traded low $ -3.31 or -2.86 percent on Wednesday, reaching $ 112.34 with volume of 166.80 thousand shares. AptarGroup, Inc. has traded high as $ 114.61 and has cracked $ 112.25 on the downward trend
According to the previous trading day, closing price of $ 112.34, representing a 44.85 % increase from the 52 week low of $ 79.84 and a 5.55 % decrease over the 52 week high of $ 122.44.
The company has a market capital of $ 7.24 billion and is part of the Consumer Cyclical sector and Packaging & Containers industry.
AptarGroup, Inc. provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Beauty + Home, Pharma, and Food + Beverage.
