Shares of Avery Dennison AVY rose 0.5% in pre-market trading after the company reported Q2 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.
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
52-week high: $141.09
52-week low: $76.96
Price action over last quarter: Up 9.08%
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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