AptarGroup (ATR) got here out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.21 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 20.63%. 1 / 4 in the past, it was anticipated that this maker of consumer-product meting out techniques would put up earnings of $1.43 per share when it really produced earnings of $1.49, delivering a shock of 4.20%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.
AptarGroup
The sustainability of the inventory’s fast value motion primarily based on the recently-released numbers and future earnings expectations will principally rely upon administration’s commentary on the earnings name.
AptarGroup shares have added about 0.8% because the starting of the 12 months versus the S&P 500’s achieve of three.1%.
What’s Subsequent for AptarGroup?
Whereas AptarGroup has underperformed the market to this point this 12 months, the query that involves traders’ minds is: what’s subsequent for the inventory?
There are not any simple solutions to this key query, however one dependable measure that may assist traders tackle that is the corporate’s earnings outlook. Not solely does this embody present consensus earnings expectations for the approaching quarter(s), but in addition how these expectations have modified these days.
Empirical analysis exhibits a powerful correlation between near-term inventory actions and developments in earnings estimate revisions. Buyers can observe such revisions by themselves or depend on a tried-and-tested score software just like the Zacks Rank, which has a powerful observe file of harnessing the ability of earnings estimate revisions.
Forward of this earnings release, the estimate revisions pattern for AptarGroup: blended. Whereas the magnitude and path of estimate revisions might change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #3 (Maintain) for the inventory. So, the shares are anticipated to carry out in step with the market within the close to future. You possibly can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Will probably be fascinating to see how estimates for the approaching quarters and present fiscal 12 months change within the days forward. The present consensus EPS estimate is $1.29 on $920.38 million in revenues for the approaching quarter and $5.95 on $3.76 billion in revenues for the present fiscal 12 months.
Buyers needs to be conscious of the truth that the outlook for the trade can have a fabric influence on the efficiency of the inventory as effectively. By way of the Zacks Trade Rank, Containers – Paper and Packaging is at present within the backside 44% of the 250 plus Zacks industries. Our analysis exhibits that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
One different inventory from the identical trade, Greif (GEF), is but to report outcomes for the quarter ended January 2025. The outcomes are anticipated to be launched on February 26.
This industrial packaging firm is predicted to put up quarterly earnings of $0.68 per share in its upcoming report, which represents a year-over-year change of -46.5%. The consensus EPS estimate for the quarter has been revised 1.4% decrease over the past 30 days to the present stage.
Greif’s revenues are anticipated to be $1.3 billion, up 7.7% from the year-ago quarter.
Ought to You Put money into AptarGroup, Inc. (ATR)?
Earlier than you spend money on AptarGroup, Inc. (ATR), need to know the perfect shares to purchase for the following 30 days? Try Zacks Funding Analysis for our free report on the 7 best stocks to purchase.
Zacks Funding Analysis has been dedicated to offering traders with instruments and impartial analysis since 1978. For greater than 1 / 4 century, the Zacks Rank stock-rating system has greater than doubled the S&P 500 with a mean achieve of +24.08% per 12 months. (These returns cowl a interval from January 1, 1988 via Might 6, 2024.)
AptarGroup, Inc. (ATR) : Free Stock Analysis Report
Greif, Inc. (GEF) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
