Avery Dennison Corporation (AVY) has delivered adjusted earnings of $2.29 per share in first-quarter 2024, surpassing the Zacks Consensus Estimate of $2.15. The bottom line marked a 35% year-over-year improvement, driven by higher volume and productivity gains.Including one-time items, the company reported earnings per share (EPS) of $2.13 compared with the year-ago quarter’s $1.49 per share.Total revenues increased 4.2% year over year to $2.15 billion, surpassing the Zacks Consensus Estimate of $2.14 billi ...

Avery Dennison (AVY) reported $2.15 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 4.2%. EPS of $2.29 for the same period compares to $1.70 a year ago.The reported revenue represents a surprise of +0.16% over the Zacks Consensus Estimate of $2.15 billion. With the consensus EPS estimate being $2.15, the EPS surprise was +6.51%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Avery Dennison (AVY) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $1.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.51%. A quarter ago, it was expected that this maker of office products would post earnings of $2.15 per share when it actually produced earnings of $2.16, delivering a surprise of 0.47%.Over the last four quarters, ...

Exhibit 99.1 For Immediate Release AVERY DENNISON ANNOUNCES FIRST QUARTER 2024 RESULTS Highlights: ● 1Q24 Reported EPS of $2.13, up 43% ¡ 1Q24 Adjusted EPS (non-GAAP) of $2.29, up 35% ● 1Q24 Net sales of $2.2 billion, up 4% ¡ Sales change ex. currency (non-GAAP) up 4% ¡ Organic sales change (non-GAAP) up 3% ● FY24 Reported EPS guidance of $8.60 to $9.10 ¡ Adjusted EPS guidance of $9.00 to $9.50 MENTOR, Ohio, April 24, 2024 – Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited result ...

Per the Federal Reserve’s report, industrial production rebounded 0.4% each in February and March 2024, following a 0.8% dip in January. However, the overall performance for the first quarter of 2024 showed a decline at an annual rate of 1.8%. In March 2024, the Institute for Supply Management’s manufacturing index was 50.3% — the first expansion in 16 months. Despite this uptick, the index averaged 49% for the January-March quarter. The New Orders Index displayed two months of expansion (with a reading of ...

Investors are always looking for stocks that are poised to beat at earnings season and Avery Dennison Corporation (AVY) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Avery Dennison is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Avery Dennison (AVY) . This company, which is in the Zacks Office Supplies industry, shows potential for another earnings beat.When looking at the last two reports, this maker of office products has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 0.96%, on average, in the last two ...

Avery Dennison Corporation (AVY) is scheduled to report first-quarter 2024  results before the opening bell on Apr 24.Q1 EstimatesThe Zacks Consensus Estimate for first-quarter total sales is pegged at $2.15 billion, suggesting growth of 4% from the prior-year quarter’s reported figure. The consensus mark for the company’s earnings per share is pinned at $2.15, indicating a year-over-year increase of 26.5%.Q4 PerformanceAvery Dennison’s revenues and earnings increased year over year in the fourth quarter of ...

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) today announced that Ryan Yost has been appointed president, Materials Group. “Ryan most recently led the transformation of our Identification Solutions business and the acceleration of our Vestcom business as vice president and general manager, driving significant growth in the logistics, food and retail market segments,” said Avery Dennison president and CEO Deon Stander. “As president of the Materials Group, he will continue to focu ...

MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed Maria Fernanda Mejia a director, effective February 22, 2024. Mejia, 60, is the retired CEO, International, for Newell Brands Inc., a leading American manufacturer, marketer and distributor of consumer and commercial products, with $8.1 billion in fiscal 2023 revenues. Mejia joined Newell Brands Inc. from the Kellogg Company where she was senior vice president and president of K ...