Avery Dennison Revises FY24 Adjusted EPS Guidance From $9.30 - $9.50 To $9.35 - $9.50, Est. $9.43
Portfolio Pulse from Benzinga Newsdesk
Avery Dennison has revised its fiscal year 2024 adjusted EPS guidance from a range of $9.30 - $9.50 to $9.35 - $9.50, with an estimated midpoint of $9.43.
October 23, 2024 | 10:48 am
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Avery Dennison has slightly increased the lower end of its FY24 adjusted EPS guidance, indicating a positive outlook. The new range is $9.35 - $9.50, with an estimated midpoint of $9.43.
The revision of the EPS guidance to a higher lower bound suggests improved financial performance expectations, which is likely to positively impact the stock price in the short term.
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