Mark your calendars for Wednesday 23rd October 2024, as Avery Dennison (NYSE: AVY) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
According to financial analysts on Wall Street, the firm is likely to announce an estimated per share $2.32 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $2.2 billion during this period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $8.78 billion. Additionally, they expect the company to reach profit of $9.43 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $2.1. This figure was a result of the company's total revenue, which reached an impressive $2.1 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.42 | +26.0% | 2.24 B | +6.9% |
| Q1 2024 | $2.29 | +34.7% | 2.15 B | +4.2% |
| Q4 2023 | $2.16 | +30.9% | 2.11 B | +4.2% |
| Q3 2023 | $2.10 | -14.6% | 2.10 B | -9.5% |
| Q2 2023 | $1.92 | -27.3% | 2.09 B | -10.9% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 23rd October 2024 at 11:00 AM eastern time, in a conference call with public.
Avery Dennison (AVY) closed Monday's regular trading session at $215.41, demonstrating a 0.88 percent downfall, with a volume of 470.50 thousand shares.