earnings
confidence high
sentiment positive
materiality 0.75
Avery Dennison Q3 EPS $2.70 (+38% YoY); net sales up 11.8% to $2.3B; narrows FY22 guidance
Avery Dennison Corp
2022-Q3 EPS reported
$7.70
revenue$7,013,400,000
- Reported EPS $2.70 (up 38% YoY); adjusted EPS $2.46 (up 15% YoY).
- Net sales $2.3B, up 11.8% YoY; organic sales growth 15.5%.
- Narrowed FY2022 reported EPS guidance to $9.65-$9.80 (previously $9.60-$9.90).
- Adjusted EPS guidance narrowed to $9.70-$9.85 (previously $9.70-$10.00).
- Sales growth ex-currency was 19.0% for the quarter.