Avery Dennison Trims FY22 Adj. EPS Outlook - Update

RTTNews | 891 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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Swiss Market Ends Sharply Lower On Trade War Fears

Swiss Market Ends Sharply Lower On Trade War Fears

Swiss stocks fell sharply on Friday, mirroring losses across Europe and elsewhere, as the Trump Administration's sweeping tariffs on trade partners, and retaliatory move announced by China, and possible countermeasures by a few other major countries as well, raised fears of a possible global recession.
RTTNews | 16h 40min ago
European Stocks Tumble As China Retaliates After Trump's Tariff Moves

European Stocks Tumble As China Retaliates After Trump's Tariff Moves

European stocks plunged sharply and several market tumbled to fresh multi-month lows on Friday as U.S. President Donald Trump's sweeping tariff moves, and the retaliatory action by China raised fears of a global trade war and recession, prompting investors to press sales across the board.
RTTNews | 17h 0min ago
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