Avery Dennison (AVY) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $1.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.56%. 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 $2.29, delivering a surprise of 6.51%.Over the last four quarters, ...

Exhibit 99.1 For Immediate Release Highlights: ● 2Q24 Reported EPS of $2.18, up 76% ¡ 2Q24 Adjusted EPS (non-GAAP) of $2.42, up 26% ● 2Q24 Net sales of $2.2 billion, up 7% ¡ Sales change ex. currency (non-GAAP) up 8% ¡ Organic sales change (non-GAAP) up 7% ● FY24 EPS guidance ¡ Revising Reported EPS guidance of $8.75 to $8.95 (previously $8.60 to $9.10) ¡ Raising Adjusted EPS guidance of $9.30 to $9.50 (previously $9.00 to $9.50) MENTOR, Ohio, July 23, 2024 – Avery Dennison Corporation (NYSE:AVY) today anno ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many 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.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed ...

Avery Dennison Corporation (AVY) is scheduled to report second-quarter 2024 results before the opening bell on Jul 23.The Zacks Consensus Estimate for AVY’s second-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 $2.25 per share. Of the five analysts providing estimates for the second quarter, two have raised their estimates, whereas others have kept their estimates unchanged over the past 60 days. Overall, ...

Avery Dennison (AVY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers are better than exp ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Avery Dennison (AVY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Avery Dennison is one of 218 companies in the Industrial Products group. The Industrial Products group currently sits at #5 within the Zacks Sector Rank. The Zacks ...

jetcityimage Investment thesis for Avery Dennison The world's largest label company, Avery Dennison Corporation (NYSE:AVY) is putting some pep back into its earnings after several uninspiring quarters. It aims to deliver superior value to shareholders through profitable growth and capital discipline. Those efforts are now paying off as double-digit EBITDA and EPS growth are expected this year and next year. Although the share price is not a bargain, I believe it will rise to $231 in the next year, providing ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Avery Dennison (AVY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Avery Dennison is a member of our Industrial Products group, which includes 222 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Ran ...

Sansert Sangsakawrat/iStock via Getty Images Thanks for stopping by for another edition of upcoming dividend increases. This week, we have another thirteen increases alongside one dividend king! Dividend King PepsiCo announced their yearly increase, this time around 7.1%. That extends the beverage and snack producer's 52-year streak. The overall group of companies has an average increase of 4.9% and a median of 4.4%. My investment strategy involves buying and adding companies that consistently increase ...