Avery Dennison Corp <AVY.N> expected to post earnings of $2.26 a share - Earnings Preview
Avery Dennison Corp AVY.N, AVY is expected to show a rise in quarterly revenue when it reports results on July 23 for the period ending January 1 0001
The Mentor Ohio-based company is expected to report a 3.8% increase in revenue to $2.171 billion from $2.09 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.
LSEG's mean analyst estimate for Avery Dennison Corp is for earnings of $2.26 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Avery Dennison Corp is $247.00, above its last closing price of $223.93.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | 2.16 | 2.15 | 2.29 | Beat | 6.3 |
Dec. 31 0001 | 2.16 | 2.17 | 2.61 | Beat | 20.5 |
Jan. 1 0001 | 2.09 | 2.10 | 2.10 | Met | 0 |
Jan. 1 0001 | 1.99 | 1.99 | 1.92 | Missed | -3.4 |
Jan. 1 0001 | 1.66 | 1.66 | 1.70 | Beat | 2.4 |
Jan. 1 0001 | 1.99 | 2.02 | 1.65 | Missed | -18.5 |
Sep. 30 2022 | 2.46 | 2.46 | 2.46 | Met | -0.1 |
Jun. 30 2022 | 2.38 | 2.36 | 2.64 | Beat | 11.6 |
This summary was machine generated July 19 at 10:47 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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