Avery Dennison Trims FY23 Outlook As Q1 Profit Declines

RTTNews | il y a 776
Stocktwits
Avery Dennison Trims FY23 Outlook As Q1 Profit Declines

(RTTNews) - While reporting financial results for the first quarter on Wednesday, materials science company Avery Dennison Corp. (AVY) trimmed its adjusted earnings outlook for the full-year 2023.

For fiscal 2023, the company now projects earnings in a range of $8.35 to $8.70 per share and adjusted earnings in a range of $8.85 to $9.20 per share.

Previously, the company expected earnings in the range of $8.85 to $9.25 per share and adjusted earnings in a range of $9.15 to $9.55 per share.

On average, analysts expect the company to report earnings of $9.28 per share for the year, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

For the first quarter, net income declined to $121.2 million or $1.49 per share from $198.2 million or $2.39 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter was $1.70 per share, compared to $2.40 per share in the year-ago quarter.

Net sales for the quarter declined 12.1 percent to $2.07 billion from $2.35 billion in the same quarter last year. Organic sales declined 9.2 percent.

The Street was looking for earnings of $1.66 per share on sales of $2.18 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: AVY
Stocktwits
read more
Avery Dennison Trims FY22 Adj. EPS Outlook - Update

Avery Dennison Trims FY22 Adj. EPS Outlook - Update

While reporting financial results for the third quarter on Wednesday, materials science company Avery Dennison Corp. (AVY) trimmed its adjusted earnings outlook for the full-year 2022.
RTTNews | il y a 958
FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

Despite data showing an increase in the nation's unemployment rate, U.K. stocks are up in positive territory a little past noon on Tuesday on selective buying amid some optimism over the ongoing U.S.-China trade talks in London.
RTTNews | il y a 18 minutes
CAC 40 Down Marginally In Cautious Trade

CAC 40 Down Marginally In Cautious Trade

French stocks are largely subdued on Tuesday as investors refrain from making significant moves while awaiting the outcome of the ongoing trade talks between U.S. and Chinese officials in London.
RTTNews | il y a 1h 3min
Sensex, Nifty End Choppy Session Narrowly Mixed

Sensex, Nifty End Choppy Session Narrowly Mixed

Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.
RTTNews | il y a 1h 46min
Yen Recovers Amid BoJ Rate Hike Speculation

Yen Recovers Amid BoJ Rate Hike Speculation

The Japanese yen recovered from early lows against other major currencies in the European session on Tuesday, as traders speculate that the Bank of Japan (BoJ) will hike interest rates this year.
RTTNews | il y a 2h 8min
UK Jobless Rate Rises; Wage Growth Softens

UK Jobless Rate Rises; Wage Growth Softens

The UK unemployment rate rose slightly in the three months to April period and wage growth softened as the rise in social security contribution and the minimum wage started to weigh on the labor market activity. The ILO jobless rate rose to 4.6 percent in the three months to April, as expected, from 4.5 percent in the three months to March, data from the Office for National Statistics revealed T
RTTNews | il y a 2h 32min
Outils
Calendrier Économique
Market Hours
Interest Rates
Holidays Calendar
Marchés Forex
Volatilité Forex
Corrélation Forex
Actualités du Forex
forex analysis
Données COT
Liquidité
Calculatrices Forex
Heat Map du Forex
Indicators Heatmap
Communauté
Communauté
Systèmes
Systèmes les plus populaires
Stratégies
Concours
Graphiques Forex
Sentiment Forex
Indicateur de perspectives
Revues
Courtiers
Prop Trading Firms
Services SPV
Fournisseur de signaux
Services de programmation EA
Affiliate Programs
Services de courtage PAMM
Remise de services de programme
Plateformes de trading
Conseillers Experts
Marchés de crypto-monnaies
Trading Courses
Courtiers
Spreads de Forex
Cotations de courtiers Forex
Swaps de courtiers Forex
Volume du courtier Forex
Promotions des courtiers Forex Press Release
Plateforme
Widgets
Fonctionnalités
API
RSS
Stock Portfolio
Affiliate Software
Graphiques avancés
Support
FAQ
Aide
Contactez-nous
Signaler un bug!
À propos de
Blog
&copier; 2025 Myfxbook Ltd. Tous droits réservés.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs. Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque. Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions. Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation. Les performances passées ne sont pas indicatives des résultats futurs.