Avery Dennison (AVY) Q1 Earnings Beat, Revenues Rise Y/Y

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 ...