Avery Dennison Gears up to Report Q4 Earnings: Here's What to Expect

Core Viewpoint - Avery Dennison Corporation (AVY) is set to report its fourth-quarter 2024 results on January 30, 2025, with expectations of revenue growth and earnings performance influenced by various factors [1][6]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for AVY's fourth-quarter revenues is $2.20 billion, reflecting a 4.2$2.37, indicating a year-over-year growth of 9.7% [2]. Earnings Surprise History - Avery Dennison has consistently beaten the Zacks Consensus Estimates in the last four quarters, with an average surprise of 3.74% [3][4]. Earnings Prediction Model - The current model indicates a negative Earnings ESP of -1.35%, suggesting that an earnings beat is not conclusively predicted for this quarter [5]. - AVY currently holds a Zacks Rank of 4 (Sell), which may impact investor sentiment [6]. Segment Performance Expectations - The Materials Group segment is expected to see revenues rise by 4.2% year-over-year to $1.48 billion, driven by higher volumes of Label Materials, which constitute approximately 74$734.8 million, marking a 6.2% increase from the prior year, supported by normalized growth in apparel and increased adoption of Intelligent Labels [8]. Stock Performance - Over the past year, AVY shares have decreased by 5.3%, while the industry has seen a decline of 9.4% [9].