Market Overview

Avery Dennison: Q2 Earnings Insights

Share:

Shares of Avery Dennison (NYSE:AVY) rose 0.5% in pre-market trading after the company reported Q2 results.

Quarterly Results

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

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.

 

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Posted-In: Earnings News