Avery Dennison Trims FY22 Adj. EPS Outlook - Update

RTTNews | 818 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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German Economic Confidence Weakens In January

German Economic Confidence Weakens In January

German economic sentiment deteriorated more than expected in January as the economy remained in recession for the second straight year and inflationary pressure rose recently, results of a survey by the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 10.3 from 15.7 in December. The reading was expected to drop moderately to 15.2.
RTTNews | 6h 2min ago
Yen Rises Amid BoJ Rate Hike Bets

Yen Rises Amid BoJ Rate Hike Bets

The Japanese yen recovered from recent losses against other major currencies in the Asian session on Tuesday, as traders started speculating that the Bank of Japan (BoJ) will raise interest rates at its policy meeting on Friday.
RTTNews | 7h 18min ago
FTSE 100 Up Marginally As Bank Stocks Gain

FTSE 100 Up Marginally As Bank Stocks Gain

U.K. stocks are marginally higher Tuesday morning, extending recent gains, as investors continue to assess the likely moves of Donald Trump, who was sworn-in on Monday as the President of the United States.
RTTNews | 7h 21min ago
French Stocks Up Slightly After Weak Start

French Stocks Up Slightly After Weak Start

French stocks are up marginally Tuesday morning, recovering after opening on a slightly weak note, as investors assess the possible moves of the Trump administration with regard to global trade and imposition of tariffs.
RTTNews | 7h 43min ago
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