Avery Dennison (AVY) Tops Q4 EPS by 19c, FY21 EPS Guidance Beats
- Stocks face worst month since September, yen swings after BoJ
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
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- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
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Avery Dennison Announces Fourth Quarter and Full Year 2020 Results
February 3, 2021 6:45 AM ESTHighlights:
4Q20 Reported EPS of $2.28, up 19% Adjusted EPS (non-GAAP) of $2.27, up 31% 4Q20 Net sales increased 12.3% to $1.99 billion Sales change ex. currency (non-GAAP) of 5.2% Organic sales change (non-GAAP) of 3.2% FY20 Reported EPS of $6.61, up 85% Adjusted EPS of $7.10, up 8% FY20 Net sales declined 1.4% to $6.97 billion Sales change ex. currency of (1.7%) Organic sales change of (3.4%) Free Cash Flow of $548 million in 2020GLENDALE,... More