Avery Dennison (AVY) Reports In-Line Q3 EPS; Offers Guidance
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Avery Dennison (NYSE: AVY) reported Q3 EPS of $2.46, in-line with the analyst estimate of $2.46. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.3 billion.
GUIDANCE:
Avery Dennison sees FY2022 EPS of $9.65-$9.80, versus the consensus of $9.90.
Excluding an estimated $0.05 per share related to restructuring charges and other items, the company narrowed its guidance range for adjusted earnings per share from $9.70 to $10.00 to $9.70 to $9.85, including an incremental $0.10 currency translation headwind.
For earnings history and earnings-related data on Avery Dennison (AVY) click here.
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