A month has gone by since the last earnings report for Avery Dennison (AVY) . Shares have added about 4.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Avery Dennison due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Avery Dennison Q1 Earnings Beat, Revenues Rise Y ...

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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 Corporation (NYSE:AVY) Q1 2024 Earnings Conference Call April 24, 2024 12:00 PM 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 George Staphos - Bank of America Ghansham Panjabi - Baird John McNulty - BMO Capital Markets Bryan Burgmeier - Citigroup Jeff Zekauskas - JPMorgan Josh Spector - UBS Chris Kapsch - Loop ...

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 ...