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Why Avery Dennison (AVY) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-12-03 15:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...
Avery Dennison (AVY) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
ZACKS· 2024-10-28 14:55
The price trend for Avery Dennison (AVY) has been bearish lately and the stock has lost 6.8% over the past four weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street ...
Avery Dennison(AVY) - 2024 Q3 - Earnings Call Transcript
2024-10-24 02:57
Avery Dennison Corporation (NYSE:AVY) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants John Eble - Vice President, Finance and Investor Relations Deon Stander - President and Chief Executive Officer Gregory Lovins - Senior Vice President and Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird John McNulty - BMO Capital Markets George Staphos - Bank of America Michael Roxland - Truist Securities Jeff Zekauskas - JPMorgan Josh Spector - UBS Matthew R ...
Avery Dennison Beats Q3 Earnings Estimates, Raises FY24 View
ZACKS· 2024-10-23 18:10
Avery Dennison Corporation (AVY) has delivered third-quarter 2024 adjusted earnings of $2.33 per share , which beating the Zacks Consensus Estimate of $2.32. The bottom line increased 9% year over year, driven by higher volume and productivity gains.Including one-time items, the company reported earnings per share (EPS) of $2.25 compared with the year-ago quarter’s $1.71.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Avery Dennison’s Revenues & Margins Improve Y/Y in Q3Total revenues ...
Compared to Estimates, Avery Dennison (AVY) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-23 14:35
Avery Dennison (AVY) reported $2.18 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.1%. EPS of $2.33 for the same period compares to $2.10 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.2 billion, representing a surprise of -0.55%. The company delivered an EPS surprise of +0.43%, with the consensus EPS estimate being $2.32.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Avery Dennison (AVY) Beats Q3 Earnings Estimates
ZACKS· 2024-10-23 12:55
Avery Dennison (AVY) came out with quarterly earnings of $2.33 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.43%. A quarter ago, it was expected that this maker of office products would post earnings of $2.25 per share when it actually produced earnings of $2.42, delivering a surprise of 7.56%.Over the last four quarters, ...
Avery Dennison(AVY) - 2024 Q3 - Quarterly Results
2024-10-23 10:45
Exhibit 99.1 For Immediate Release AVERY DENNISON ANNOUNCES THIRD QUARTER 2024 RESULTS Highlights: ● 3Q24 Reported EPS of $2.25, up 32% ¡ 3Q24 Adjusted EPS (non-GAAP) of $2.33, up 9% ● 3Q24 Net sales of $2.2 billion, up 4% ¡ Sales change ex. currency (non-GAAP) up 5% ¡ Organic sales change (non-GAAP) up 4% ● FY24 Reported EPS guidance of $8.75 to $8.90 (previously $8.75 to $8.95) ¡ Raising Adjusted EPS guidance of $9.35 to $9.50 (previously $9.30 to $9.50) MENTOR, Ohio, October 23, 2024 – Avery Dennison Cor ...
Avery Dennison Gears up to Report Q3 Earnings: What's in Store?
ZACKS· 2024-10-21 15:26
Avery Dennison Corporation (AVY) is scheduled to report third-quarter 2024 results before the opening bell on Oct. 23.The Zacks Consensus Estimate for AVY’s third-quarter revenues is pegged at $2.18 billion, indicating 4.4% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $2.32 per share. The Zacks Consensus Estimate for AVY’s third-quarter earnings has been unchanged in the past 60 days. The estimate indicates year-over-year growth of 10.5%. Image Source: Zacks Inve ...
Why Avery Dennison (AVY) is a Top Value Stock for the Long-Term
ZACKS· 2024-10-02 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...
Avery Dennison Poised For Gains As Inventory Destocking Fades
Seeking Alpha· 2024-09-26 17:07
Avery Dennison Corporation (NYSE: AVY ) is a $17.6 billion player in the labelling and packaging space. It has its sights set on the future with its capability to digitally tag physical products, and bring value to aI specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I’ve developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on market trends, particularly in the tech sector. ...