Avery Dennison AVY reported its Q3 earnings results on Wednesday, October 26, 2022 at 06:45 AM.
Here’s what investors need to know about the announcement.
Avery Dennison reported in-line EPS of $2.46 versus an estimate of $2.46.
Revenue was up $245.20 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.27 which was followed by a 2.69% increase in the share price the next day.
Here’s a look at Avery Dennison’s past performance:
|Quarter||Q2 2022||Q1 2022||Q4 2021||Q3 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Avery Dennison management provided guidance for FY 2022, expecting earnings between $9.7 and $9.85 per share.
To track all earnings releases for Avery Dennison visit their earnings calendar here.
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