AptarGroup: 1Q Earnings Snapshot

CRYSTAL LAKE, Ill. (AP) _ AptarGroup Inc. (ATR) on Tuesday reported first-quarter earnings of $63 million.

The Crystal Lake, Illinois-based company said it had net income of 96 cents per share. Earnings, adjusted for restructuring costs, were $1.07 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The maker of consumer-product dispensing systems posted revenue of $744.5 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $734.2 million.

AptarGroup expects full-year earnings in the range of $1.09 to $1.15 per share.

AptarGroup shares have increased 18% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $111.07, a rise of 19% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATR at https://www.zacks.com/ap/ATR