CRYSTAL LAKE, Ill. (AP) _ AptarGroup Inc. (ATR) on Thursday reported fourth-quarter profit of $48.5 million.

On a per-share basis, the Crystal Lake, Illinois-based company said it had net income of 73 cents. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, came to 80 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The maker of consumer-product dispensing systems posted revenue of $671.3 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $677.9 million.

For the year, the company reported profit of $242.2 million, or $3.66 per share. Revenue was reported as $2.86 billion.

For the current quarter ending in April, AptarGroup expects its per-share earnings to range from 85 cents to 93 cents.

AptarGroup shares have decreased nearly 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $114.92, a climb of 12% in the last 12 months.

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

Automated Insights, source Associated Press News