Avery Dennison (AVY) Q2 Earnings Beat, Revenues Rise Y/Y

Avery Dennison Corporation (AVY) has delivered adjusted earnings of $2.42 per share in second-quarter 2024, beating the Zacks Consensus Estimate of$2.25. The bottom line marked 26% year-over-year growth.Including one-time items, the company has reported earnings per share (EPS) of $2.18 compared with the year-ago quarter’s$1.24.Total revenues grew 6.9% year over year to $2.24 billion, beating the Zacks Consensus Estimate of$2.18 billion.Cost of sales in the quarter grew 2.3% year over year to $1.57 billi ...