Here is how Avery Dennison (AVY) and Eaton (ETN) have performed compared to their sector so far this year.
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Avery Dennison (AVY) possesses solid growth attributes, which could help it handily outperform the market.
Avery Dennison Corporation (NYSE:AVY ) Q2 2024 Results Conference Call July 23, 2024 12:00 PM ET Company Participants John Eble - Vice President, Finance and Investor Relations Deon Stander - President and Chief Executive Officer Gregory Lovins - Senior Vice President and Chief Financial Officer Conference Call Participants John McNulty - BMO Capital Markets Ghansham Panjabi - Baird George Staphos - Bank of America Michael Roxland - Truist Securities Josh Spector - UBS Matt Roberts - Raymond James Jeff Zekauskas - JPMorgan Anthony Pettinari - Citi Operator Ladies and gentlemen, thank you for standing by. During this presentation, all participants will be in a listen-only mode.
Avery Dennison (AVY) expects 2024 adjusted EPS of $9.30-$9.50 compared with the prior stated $9.00-$9.50.
Avery Dennison (AVY) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $1.92 per share a year ago.
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Avery Dennison's (AVY) Q2 results are likely to reflect the impacts of solid demand, partially offset by raw material and freight cost inflation.
Avery Dennison (AVY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Avery Dennison (AVY) could produce exceptional returns because of its solid growth attributes.
Here is how Avery Dennison (AVY) and Dover Corporation (DOV) have performed compared to their sector so far this year.
Avery Dennison is experiencing double-digit EBITDA and EPS growth, leading to a projected share price increase to $231. The company offers a wide range of branding and information solutions beyond labels, with global reach and scale. Despite being slightly overvalued, Avery Dennison's proven business model and growth initiatives make it a solid Buy with a projected 6% capital gain.