Avery Dennison Earnings Preview
Portfolio Pulse from Benzinga Insights
Avery Dennison is set to release its quarterly earnings on October 23, 2024, with analysts expecting an EPS of $2.33. Despite past earnings beats, market reactions have been mixed. The company is rated 'Outperform' by analysts, with a price target suggesting a 15.33% upside. Avery Dennison leads its peers in revenue growth and gross profit but lags in return on equity.
October 22, 2024 | 3:03 pm
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Avery Dennison is expected to report an EPS of $2.33. Analysts rate it 'Outperform' with a potential 15.33% upside. Despite strong revenue growth, the company faces challenges with low return on equity.
Avery Dennison's upcoming earnings report is highly anticipated, with analysts expecting a positive EPS. The company's strong revenue growth and analyst 'Outperform' rating suggest a positive short-term impact on the stock price. However, challenges with low return on equity may temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100