CRYSTAL LAKE, Ill. (AP) — CRYSTAL LAKE, Ill. (AP) — AptarGroup Inc. (ATR) on Thursday reported third-quarter earnings of $100 million.
The Crystal Lake, Illinois-based company said it had net income of $1.48 per share. Earnings, adjusted for one-time gains and costs, were $1.49 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The maker of consumer-product dispensing systems posted revenue of $909.3 million in the period.
For the current quarter ending in December, AptarGroup expects its per-share earnings to range from $1.22 to $1.30.
The company expects full-year earnings in the range of $5.34 to $5.42 per share.
AptarGroup shares have risen 35% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $166.55, a climb of 35% in the last 12 months.
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