earnings
confidence high
sentiment positive
materiality 0.60
AptarGroup Q1 core sales +4% to $860M; adj. EPS $0.95; guides Q2 adj. EPS $1.11-$1.19
APTARGROUP, INC.
2023-Q1 EPS reported
$0.82
revenue$860,067,000
- Reported sales $860M (+2% YoY); core sales +4% driven by Pharma (+7%) and Beauty (+9%); Closures -8%.
- Reported EPS $0.82 (-12% YoY) on restructuring charges; adjusted EPS $0.95 (+2% YoY).
- Q2 2023 adjusted EPS guidance $1.11-$1.19 at 26%-28% tax rate and EUR/USD 1.08.
- Quarterly dividend $0.38/share, payable May 25, 2023 to holders of record May 4.
- Repurchased 171k shares for ~$20M during Q1.