Having exceeded expectations last quarter by one cent per share, Avery Dennison (NYSE:AVY) is scheduled to report again on Tuesday.
Analysts 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.
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen $1.75 per share.
Company Fundamental Trends
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 Results
In 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.
Reporting 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)