Avery Dennison net income up 17%, beats estimates

Avery Dennison’s third-quarter net income increased 17% year-on-year (YOY), to $58.3 million, on sales down 0.8%, to $1.4 billion. Adjusted earnings from continuing operations, which excludes results from the company’s office products business along with restructuring charges, totaled 53 cts/share, beating analysts’ consensus of 45 cts/share, as reported by Thomson Reuters (New York).   The company is also narrowing its full-year earnings guidance, to $1.65–1.70/share, the high end of prior guidance of $1.55–1.70/share. Adjusted...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers