Shares of Avery Dennison AVY were flat in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 44.58% year over year to $2.40, which beat the estimate of $2.03.
Revenue of $2,051,000,000 higher by 19.04% from the same period last year, which beat the estimate of $1,930,000,000.
Outlook
The upcoming fiscal year's EPS expected to be between $8.40 and $8.80.
How To Listen To The Conference Call
Date: Apr 28, 2021
Time: 01:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/trjj8daa
Price Action
Company's 52-week high was at $205.49
52-week low: $98.84
Price action over last quarter: Up 20.31%
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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