Avery Dennison Announces Fourth Quarter and Full Year 2021 Results

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Avery Dennison (AVY) PT Lowered to $275 at BMO Capital, Says Conservative Guide Offers Buying Opportunity

February 3, 2022 7:23 AM EST

BMO Capital analyst John McNulty lowered the price target on Avery Dennison (NYSE: AVY) to $275.00 (from $288.00) while maintaining an Outperform rating, but sees a buying opportunity following conservative guidance.

The analyst commented, "AVY management offered a conservative guide for 2022, setting the... More

Avery Dennison (AVY) Tops Q4 EPS by 1c

February 2, 2022 6:49 AM EST

Avery Dennison (NYSE: AVY) reported Q4 EPS of $2.13, $0.01 better than the analyst estimate of $2.12. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.13 billion.

GUIDANCE:

Avery Dennison sees FY2022 EPS of $9.35-$9.75, versus the consensus of... More