Avery Dennison Q3 Adjusted Earnings, Sales Rise; Narrows 2024 Adjusted EPS Guidance

MT Newswires Live
2024-10-23

Avery Dennison (AVY) reported Q3 adjusted earnings Wednesday of $2.33 per share, up from $2.13 a year earlier.

Analysts polled by Capital IQ expected $2.35.

Net sales for the quarter ended Sept. 28 were $2.18 billion, up from $2.1 billion a year earlier.

Analysts polled by Capital IQ expected $2.2 billion.

The company said it now expects 2024 adjusted EPS of $9.35 to $9.50, narrowing its prior range of $9.30 to $9.50. Analysts surveyed by Capital IQ are looking for $9.45.

Price: 213.00, Change: +0.61, Percent Change: +0.29

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