• Avery Dennison Corp AVY.N reported quarterly adjusted earnings of $2.38​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.61. The mean expectation of nine analysts for the quarter was for earnings of $2.38 per share. Wall Street expected results to range from $2.34 to $2.43 per share.

• Revenue rose 3.6% to $2.19 billion from a year ago; analysts expected $2.19 billion.

• Avery Dennison Corp's reported EPS for the quarter was $2.16​.

• The company reported quarterly net income of $174 million.

• Avery Dennison Corp shares had risen by 3.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-paper containers & packaging peer group is also "buy"

Wall Street's median 12-month price target for Avery Dennison Corp is $225.00

This summary was machine generated from LSEG data January 30 at 01:42 p.m. UTC. ​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)