Avery Dennison Trims FY22 Adj. EPS Outlook - Update

RTTNews | 946 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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Japan Retail Sales Climb 3.3% On Year In April

Japan Retail Sales Climb 3.3% On Year In April

The value of retail sales in Japan was up 3.3 percent on year in April, the Ministry of Economy, Trade and Industry said on Friday - coming in at 12.925 trillion yen.
RTTNews | 11 minutes ago
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, advancing more than 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,915-point plateau and it may add to its winnings again on Friday.
RTTNews | 25 minutes ago
Japan Jobless Rate Holds Steady At 2.5%

Japan Jobless Rate Holds Steady At 2.5%

The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in April, the Ministry of Internal Affairs and Communications said on Friday.
RTTNews | 44 minutes ago
Malaysia Stock Market Tipped To End Losing Streak

Malaysia Stock Market Tipped To End Losing Streak

The Malaysia stock market has moved lower in four straight sessions, slipping more than 15 points or 1.1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau although it's due for support on Friday.
RTTNews | 55 minutes ago
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