financetom
Business
financetom
/
Business
/
Avery Dennison's Q2 Adjusted Earnings, Sales Increase; Lifts Low End of 2024 Adjusted Profit Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Avery Dennison's Q2 Adjusted Earnings, Sales Increase; Lifts Low End of 2024 Adjusted Profit Guidance
Jul 23, 2024 4:28 AM

07:08 AM EDT, 07/23/2024 (MT Newswires) -- Avery Dennison (AVY) reported Q2 adjusted earnings Tuesday of $2.42 per diluted share, up from $1.92 a year earlier.

Analysts polled by Capital IQ expected $2.26.

Sales for the quarter ended June 29 was $2.24 billion, up from $2.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.19 billion.

The company said it now expects 2024 adjusted earnings of $9.30 to $9.50 per diluted share, compared with $9 to $9.50 previously. Analysts polled by Capital IQ expect $9.38.

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 >
Walgreens Third-Quarter Results Top Views Despite US Retail Weakness
Walgreens Third-Quarter Results Top Views Despite US Retail Weakness
Jun 26, 2025
10:43 AM EDT, 06/26/2025 (MT Newswires) -- Walgreens Boots Alliance ( WBA ) reported fiscal third-quarter results above analysts' estimates, even though the drugstore chain's financials were weighed down by weakness in US retail sales. Adjusted earnings fell to $0.38 a share for the quarter ended May from $0.63 a year before, but came in ahead of the FactSet-polled consensus...
DeepSeek R2 launch stalled as CEO balks at progress, The Information reports
DeepSeek R2 launch stalled as CEO balks at progress, The Information reports
Jun 26, 2025
(Reuters) -Chinese AI startup DeepSeek has not yet determined the timing of the release of its R2 model as CEO Liang Wenfeng is not satisfied with its performance, The Information reported on Thursday, citing two people with knowledge of the situation. R2, a successor to DeepSeek's wildly popular R1 reasoning model, was planned for release in May with goals to...
Shell and Equinor name their UK joint venture Adura
Shell and Equinor name their UK joint venture Adura
Jun 26, 2025
LONDON (Reuters) -Shell's and Equinor's British joint venture, set to become the biggest oil and gas producer in the UK North Sea, will be named Adura, the companies said on Thursday. The joint venture was formed in December and is expected to increase production from around 140,000 barrels of oil equivalent per day this year, comparable with UK producer Harbour,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved