Avery Dennison (AVY) Reports In-Line Q1 EPS; misses on revenue and cuts guidance

Avery Dennison (NYSE: AVY) reported Q1 EPS of $1.70, in-line with the analyst estimate of $1.70. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.18 billion.

GUIDANCE:

Avery Dennison sees FY2023 EPS of $8.85-$9.20, versus the consensus of $9.28. It previously saw $9.15-$9.55.

For earnings history and earnings-related data on Avery Dennison (AVY) click here.

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