Avery Dennison Q2 Adj $2.42 Beats $2.26 Estimate, Sales $2.23B Beat $2.18B Estimate
Portfolio Pulse from Benzinga Newsdesk
Avery Dennison (NYSE:AVY) reported Q2 earnings of $2.42 per share, beating the analyst estimate of $2.26. Sales were $2.23 billion, surpassing the $2.18 billion estimate. Both earnings and sales showed significant year-over-year growth.
July 23, 2024 | 10:46 am
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Avery Dennison reported strong Q2 earnings and sales, both beating analyst estimates and showing significant year-over-year growth.
Avery Dennison's Q2 earnings per share of $2.42 beat the analyst estimate of $2.26 by 7.08%, and sales of $2.23 billion beat the estimate of $2.18 billion by 2.52%. Both earnings and sales showed significant year-over-year growth, indicating strong performance. This positive financial result is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100