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AptarGroup Sees Q4 EPS $1.22-$1.30 Vs $1.31 Est.; FY24 EPS $5.34-$5.42 Vs $5.36 Est.

Benzinga ·  Oct 25 05:05

Aptar currently expects earnings per share for the fourth quarter of 2024, excluding any restructuring expenses, changes in the fair value of equity investments and acquisition costs, to be in the range of $1.22 to $1.30. This guidance is based on an effective tax rate range of 20% to 22% with a comparable adjusted prior year effective tax rate of 24%. The earnings per share guidance range is based on spot rates at the end of September for all currencies. Based on the fourth quarter guidance, full year adjusted EPS would be in the range of $5.34 to $5.42, a double-digit increase over full year 2023.

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