Market Overview

Earnings Preview for AptarGroup

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On Thursday, October 29, AptarGroup (NYSE: ATR) will release its latest earnings report. Benzinga's outlook for AptarGroup is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on AptarGroup management projections, analysts predict EPS of $0.84 on revenue of $701.86 million. AptarGroup EPS in the same period a year ago totaled $0.93. Sales were $701.28 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 9.68% decrease in the company's earnings. Revenue would be up 0.08% from the same quarter last year. Here is how the AptarGroup's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.67 0.87 0.78 0.96
EPS Actual 0.80 0.93 0.80 0.93
Revenue Estimate 652.18 M 716.80 M 678.08 M 700.49 M
Revenue Actual 699.30 M 721.55 M 671.33 M 701.28 M

Stock Performance

Shares of AptarGroup were trading at $115.62 as of October 26. Over the last 52-week period, shares are down 3.44%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. AptarGroup is scheduled to hold the call at 09:00:00 ET and can be accessed here.

 

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Posted-In: Earnings