Avery Dennison (AVY) Tops Q1 EPS by 37c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

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Go back to Avery Dennison (AVY) Tops Q1 EPS by 37c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

Avery Dennison Announces First Quarter 2021 Results

April 28, 2021 6:45 AM EDT

Highlights:

1Q21 Reported EPS of $2.50, up 56% Adjusted EPS (non-GAAP) of $2.40, up 45% 1Q21 Net sales increased 19.1% to $2.05 billion Sales growth ex. currency (non-GAAP) of 10.9% Organic sales growth (non-GAAP) of 8.8% Raised FY 2021 EPS guidance ranges Reported EPS range of $8.25 to $8.65 (previously $7.50 to $7.90) Adjusted EPS range of $8.40 to $8.80 (previously $7.65 to $8.05)

GLENDALE, Calif.--(BUSINESS WIRE)-- Avery Dennison Corporation (NYSE:... More