Avery Dennison Corporation (NYSE:AVY) is set to announce second quarter earning results on Monday 27th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, AVY to report 2Q20 income of $ 1.13 per share.
For the full year, analysts anticipate top line of $ 6654.17 million, while looking forward to income of $ 5.79 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 6.90 ~ $ 7.15 per share
Click Here For More Historical Outlooks Of Avery Dennison Corporation
Previous Quarter Performance
Avery Dennison Corporation disclosed income for the first quarter of $ 1.66 per share, from the revenue of $ 1,723.00 million. The quarterly earnings elevated 12.16 percent compared with the same quarter last year. According to street consensus, AVY was expected to report 1Q20 income of $ 1.50 per share from revenue of $ 1737.78 million. The bottom line results beat street analysts by $ 0.16 or 10.67 percent, at the same time, top line results fell short of analysts by $ 14.78 million or 0.85 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of AVY was $ 120.41, representing a 56.46 % increase from the 52 week low of $ 76.96 and a 14.66 % decrease over the 52 week high of $ 141.09.
The company has a market capital of $ 10.03 billion and is part of the Industrials sector and Business Equipment industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.58 per share on April 23, 2020. The dividend were payable on June 17, 2020 to holders of record as of the close of business on June 3, 2020 and ex-dividend date on June 2, 2020.
Conference Call
Avery Dennison Corporation will be hosting a conference call at 1:00 PM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.averydennison.com
Avery Dennison Corporation produces and sells pressure-sensitive materials worldwide. The companys Label and Graphic Materials segment offers pressure-sensitive label and packaging materials; and graphics and reflective products under the Fasson, JAC, Avery Dennison, and Mactac brands, as well as durable cast and reflective films. It provides its products to the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market segments; architectural, commercial sign, digital printing, and other related market segments; construction, automotive, and fleet transportation market segments, as well as traffic and safety applications; and sign shops, commercial printers, and designers.
