Having exceeded expectations last quarter by one cent per share, Avery Dennison (AVY) is scheduled to report again on Tuesday.
ExpectationsAnalysts currently expect Avery Dennison to come in with earnings of 54 cents per share on revenues of $1.54 billion. Estimates range from 50 cents per share to 57 cents per share. Over the past three months, the average estimate has moved down from 56 cents.
Stock MovementRecently, the stock price has been rising Since July 12, 2012 business days the stock has risen $1.75 per share.
Company Fundamental TrendsThe company will look to use the upcoming earnings announcement as a salve for two-straight quarters of revenue declines. Revenue decreased by 42.5% during the past fourth quarter of the last fiscal year and dropped further over the first quarter. Stock Ratings
Analysts think investors should stand pat on Avery Dennison with three of five analysts rating it hold. Avery Dennison's average analyst rating hasn't changed over the past three months.
Last Quarter's ResultsIn the first quarter, profit fell 2% to $43.9 million (41 cents a share) from $44.8 million (42 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 10.6% to $1.48 billion from $1.66 billion.
SummaryReporting Period: 2Q
Date of Release: Tuesday, July 24, 2012
EPS: 54 cents
Revenue Estimate: $1.54 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)








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