earnings
confidence high
sentiment negative
materiality 0.75
AptarGroup Q3 revenue $825M (+9% YoY); adjusted EPS $0.94 vs $1.01; guides Q4 $0.88-$0.96
APTARGROUP, INC.
2021-Q3 EPS reported
$2.75
revenue$2,413,228,000
- Reported sales $825M, +9% YoY; core sales +8%; Pharma core -2%, Beauty+Home +10%, Food+Beverage +28%.
- Reported EPS $0.70 (includes $0.12 restructuring, $0.10 unrealized loss on PureCycle investment, $0.02 acquisition costs); adjusted EPS $0.94.
- Adjusted EBITDA $154M; net income $47M.
- Completed acquisitions: 80% of Weihai Hengyu Medical Products and majority stake in Voluntis.
- Q4 2021 adjusted EPS guidance $0.88-$0.96; quarterly dividend $0.38/share payable Nov 17, 2021.