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Shares of Avery Dennison (NYSE:AVY) rose 0.5% in pre-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share decreased 26.16% year over year to $1.27, which beat the estimate of $1.10.
Revenue of $1,529,000,000 declined by 14.87% from the same period last year, which beat the estimate of $1,500,000,000.
Guidance
Avery Dennison hasn't issued any earnings guidance for the time being.
Avery Dennison hasn't issued any revenue guidance for the time being.
Details Of The Call
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Date: Jul 27, 2020
Time: 01:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/rkqdtbon
Technicals
52-week high: $141.09
52-week low: $76.96
Price action over last quarter: Up 9.08%
Company Overview
Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.