financetom
Business
financetom
/
Business
/
Avery Dennison Q1 Adjusted Net Income, Net Sales Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Avery Dennison Q1 Adjusted Net Income, Net Sales Rise
Apr 24, 2024 5:40 AM

08:18 AM EDT, 04/24/2024 (MT Newswires) -- Avery Dennison (AVY) reported Q1 adjusted net income Wednesday of $2.29 per diluted share, up from $1.70 a year earlier.

Analysts polled by Capital IQ expected $2.15.

Net sales for the quarter ended March 30 were $2.15 billion, up from $2.07 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.14 billion.

The company said it continues to expect 2024 adjusted EPS of $9.00 to $9.50. Analysts polled by Capital IQ expect $9.31.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Silver Bullet Mines Provides Washington Mine Update
Silver Bullet Mines Provides Washington Mine Update
Nov 22, 2024
11:17 AM EST, 11/22/2024 (MT Newswires) -- Silver Bullet Mines ( SBMCF ) on Friday said contract mining is underway at the Washington Mine in Idaho. The company said it will initially target an historic area last tested in the 1980's. Results from a bulk sample taken by the previous owner ran 44 ounces of silver and 0.1 ounces of...
J-Long to Implement 1-for-10 Reverse Stock Split
J-Long to Implement 1-for-10 Reverse Stock Split
Nov 22, 2024
11:17 AM EST, 11/22/2024 (MT Newswires) -- J-Long Group ( JL ) said Friday it will implement a one-for-10 reverse split of its ordinary shares to regain compliance with Nasdaq's minimum $1 bid price per share requirement for continued listing. The split will take effect on Dec. 3 and the company's shares are expected to begin trading on a split-adjusted...
What's Going On With Reddit Stock Friday?
What's Going On With Reddit Stock Friday?
Nov 22, 2024
Reddit, Inc. ( RDDT ) shares are moving lower on Friday following a report suggesting that shareholder Advance Magazine Publishers, Inc. plans to establish a credit facility using its stake in the company. Here’s what you need to know. What To Know: According to Yahoo Finance, the publishing company aims to make as much $1.2 billion in a sale of...
Hudson Acquisition, Aiways Automobile Europe to Merge, Set Up Nasdaq-Listed EuroEV
Hudson Acquisition, Aiways Automobile Europe to Merge, Set Up Nasdaq-Listed EuroEV
Nov 22, 2024
11:16 AM EST, 11/22/2024 (MT Newswires) -- Hudson Acquisition (HUDA) and Aiways Automobile Europe agreed to merge and set up a new Nasdaq-listed company called EuroEV Holdings. The deal values Munich-based Aiways Automobile Europe at $410 million, the companies said Friday in a statement. The boards of both companies approved the combination with the merger subject to approval of shareholders...
Copyright 2023-2026 - www.financetom.com All Rights Reserved