Jim Cramer labeled Avery Dennison a winner and a reasonable multiple, signaling positive sentiment for AVY ahead of its Q3 print. The company is expected to report EPS of $2.33 on revenue of $2.26 billion, with the earnings call on Oct 29. AVY shares rose modestly on the note, highlighting potential near-term upside from investor enthusiasm.
- AVY reported Q1 earnings of $2.29 per share, beating estimates. - Total revenues rose 4.2% to $2.15 billion year over year. - Company returned $81 million to shareholders through repurchases and dividends in Q1. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- AVY reported $2.15 billion in revenue, up 4.2% year-over-year. - EPS for the quarter was $2.29, beating estimates by 6.51%. - Metrics like net sales and operating income were closely monitored by analysts. - Shares of AVY have returned -3.7% in the past month. - AVY currently has a Zacks Rank #4 (Sell). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- AVY has a history of beating earnings estimates, potentially indicating future success. - Positive Zacks Earnings ESP of +1.21% suggests bullish earnings prospects for AVY. - Company has consistently surpassed earnings estimates by impressive percentages. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Research Analysis