earnings
confidence high
sentiment neutral
materiality 0.60
AptarGroup Q1 revenue up 9% to $845M; adjusted EPS down to $0.96 from $1.05
APTARGROUP, INC.
2022-Q1 EPS reported
$0.93
revenue$844,932,000
- Reported sales $845M (+9% YoY); core sales +13% with double-digit growth in all segments.
- Adjusted EPS $0.96 vs $1.05 prior year; reported EPS $0.93 included $0.19 unrealized gain in prior year.
- Pharma core sales +13%; demand for allergic rhinitis and asthma devices recovering.
- Q2 2022 adjusted EPS guidance $0.92-$1.02; midpoint +14% on constant-currency basis.
- Dividend maintained at $0.38/share; $16M share repurchases in Q1, $184M remaining authorization.