Avery Dennison Missed Expectations

Avery Dennison (AVY) reported earnings of $2.30 per share on revenue of $2.15 billion for the first quarter ended March 2025. The consensus earnings estimate was $2.32 per share on revenue of $2.14 billion. The Earnings Whisper number was $2.33 per share. The company missed expectations by 1.29% while revenue fell 0.14% compared to the same quarter a year ago.

The company said it expects second quarter earnings of $2.30 to $2.50 per share. The current consensus earnings estimate is $2.55 per share for the quarter ending June 30, 2025.

Avery Dennison Corp is engaged in the production of pressure-sensitive materials, office products and a variety of tickets, tags, labels and other converted products.