Despite a tough backdrop for the packaging industry in 2024, PKG, IP and ATR have shown resilience and have outperformed the S&P 500.
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Low consumer spending dampens the near-term prospects for the Zacks Containers - Paper and Packaging industry. However, PKG, ATR and SEE seem poised to tackle the challenges.
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ATR's Q3 top line gains from improved performances of the pharma and closures segments.
Start Time: 09:00 January 1, 0000 9:56 AM ET AptarGroup, Inc. (NYSE:ATR ) Q3 2024 Earnings Conference Call October 25, 2024, 09:00 AM ET Company Participants Stephan Tanda - President and CEO Bob Kuhn - EVP and CFO Vanessa Kanu - CFO Designate Mary Skafidas - SVP, IR and Communications Conference Call Participants George Staphos - Bank of America Ghansham Panjabi - Baird Daniel Rizzo - Jefferies Matt Larew - William Blair Gabe Hajde - Wells Fargo Operator Ladies and gentlemen, thank you all for standing by. Welcome to Aptar's 2024 Third Quarter Conference Call.
Stephan Tanda, AptarGroup president and CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, how tariffs would impact AptarGroup, and the impact of the slowdown in the cosmetics business.
AptarGroup (ATR) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.39 per share a year ago.
If you are looking for stocks that are well positioned to maintain their recent uptrend, AptarGroup (ATR) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
E-commerce and consumer demand will drive the Zacks Containers-Paper & Packaging industry. Stocks like PKG, BXBLY, ATR and GEF are solid picks for investors.
The ATR stock gains from the increased demand in the Pharma segment and its strategic actions.