Avery Dennison Trims FY22 Adj. EPS Outlook - Update

RTTNews | 1069 days ago
Stocktwits
Avery Dennison Trims FY22 Adj. EPS Outlook - Update

(RTTNews) - 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.

For fiscal 2022, the company now projects earnings in a range of $9.65 to $9.80 per share and adjusted earnings in a range of $9.70 to $9.85 per share.

Previously, the company expected earnings in the range of $9.60 to $9.90 per share and adjusted earnings in a range of $9.70 to $10.00 per share.

On average, analysts expected the company to report earnings of $9.88 per share for the quarter, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

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

Tags: AVY
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Indian shares are seen opening largely unchanged on Tuesday, tracking muted cues from global markets as investors brace for a potential U.S. government shutdown, digest hawkish comments from Federal Reserve officials and await key economic data for direction.
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