secwatch.observer — SEC 8-K summary
======================================

Issuer:     APTARGROUP, INC. (ATR)
CIK:        0000896622
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000896622-24-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aptar Q1 EPS $1.23 ($1.26 adj) up 50% (31% adj); revenue $915M +6%
------------------------------------------------------------------

- Reported net income $83M (+52%); adjusted EBITDA $179M (+16%).
- Pharma core sales +13% driven by proprietary drug delivery systems; Beauty core -1%, Closures core +1%.
- Q2 2024 adjusted EPS guidance $1.30-$1.38; tax rate 22-24%.
- Quarterly dividend of $0.41/share payable May 16 to holders of record April 25; $12M in share repurchases.
- Lower tax rate of 20.6% vs 25.6% prior year contributed $0.07 EPS benefit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896622/000089662224000018/0000896622-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896622/000089662224000018/atr-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000896622-24-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer