CRYSTAL LAKE, Ill. (AP) — CRYSTAL LAKE, Ill. (AP) — AptarGroup Inc. (ATR) on Thursday reported first-quarter earnings of $83.1 million.
The Crystal Lake, Illinois-based company said it had profit of $1.23 per share. Earnings, adjusted for one-time gains and costs, came to $1.26 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The maker of consumer-product dispensing systems posted revenue of $915.4 million in the period.
For the current quarter ending in June, AptarGroup expects its per-share earnings to range from $1.30 to $1.38.
AptarGroup shares have climbed 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $140.18, an increase of 19% in the last 12 months.
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