AVY
$71.72
Avery Dennison
$.54
.76%

Earnings History

Earnings
Revenue
Reaction
Drift
EPS Below Estimates
FY 2012
1/31/2012
8:30:04 AM
$1.80 to $2.15
-5.4%
10.9%
Guidance:
Consensus:
Avery Dennison Guides Below Estimates

Avery Dennison Corp. said it expects 2012 earnings of $1.80 to $2.15 per share. The current consensus earnings estimate is $2.69 per share for the year ending December 31, 2012.
In-line Guidance
FY 2012
7/24/2012
8:30:06 AM
$1.90 to $2.05
$1.95
7.3%
8.7%
Guidance:
Consensus:
Avery Dennison Guides In-line

Avery Dennison Corp. said it expects 2012 earnings of $1.90 to $2.05 per share. The company's previous guidance was earnings of $1.80 to $2.15 per share and the current consensus earnings estimate is $1.95 per share for the year ending December 31, 2012.
EPS Above Estimates
FY 2012
10/24/2012
8:30:03 AM
$2.00 to $2.05
$1.94
8.4%
1.4%
Guidance:
Consensus:
Avery Dennison Raises Guidance

Avery Dennison Corp. said it now expects 2012 earnings of $2.00 to $2.05 per share. The company's previous guidance was earnings of $1.90 to $2.05 per share and the current consensus earnings estimate is $1.94 per share for the year ending December 31, 2012.
In-line Guidance
FY 2013
1/30/2013
7:35:02 AM
$2.40 to $2.80
6.4%
-1.7%
Guidance:
Consensus:
Avery Dennison Guides In-line

Avery Dennison Corp. said it expects 2013 earnings of $2.40 to $2.80 per share. The current consensus earnings estimate is $2.45 per share for the year ending December 31, 2013.
Narows Guidance
FY 2013
4/24/2013
8:30:07 AM
$2.40 to $2.75
$2.58
2.3%
-1.3%
Guidance:
Consensus:
Avery Dennison Narrows Guidance

Avery Dennison Corp. said it now expects 2013 earnings of $2.40 to $2.75 per share. The company's previous guidance was earnings of $2.40 to $2.80 per share and the current consensus earnings estimate is $2.58 per share for the year ending December 31, 2013.
Narows Guidance
FY 2013
7/23/2013
8:30:03 AM
$2.50 to $2.70
$2.59
0.4%
-3.5%
Guidance:
Consensus:
Avery Dennison Narrows Guidance

Avery Dennison Corp. said it now expects 2013 earnings of $2.50 to $2.70 per share. The company's previous guidance was earnings of $2.40 to $2.75 per share and the current consensus earnings estimate is $2.59 per share for the year ending December 31, 2013.
In-line Guidance
FY 2014
1/31/2014
8:30:10 AM
$2.90 to $3.20
-0.9%
-1.0%
Guidance:
Consensus:
Avery Dennison Guides In-line

Avery Dennison Corp. said it expects 2014 earnings of $2.90 to $3.20 per share, excluding charges. The current consensus earnings estimate is $3.06 per share for the year ending December 31, 2014.
Reaffirms
FY 2014
4/23/2014
8:31:06 AM
$2.90 to $3.20
$3.04
-4.4%
-0.6%
Guidance:
Consensus:
Avery Dennison Corp.

Avery Dennison Corp. said it continues to expect 2014 earnings of $2.90 to $3.20 per share, excluding restructuring charges of $0.30 per share. The current consensus earnings estimate is $3.04 per share for the year ending December 31, 2014.
Narrows Guidance
FY 2014
7/25/2014
8:30:16 AM
$3.00 to $3.10
$3.04
-3.3%
-7.3%
Guidance:
Consensus:
Avery Dennison Narrows Guidance

Avery Dennison Corp. said it now expects 2014 earnings of $3.00 to $3.10 per share, excluding charges of $0.35 per share. The company's previous guidance was for earnings of $2.90 to $3.20 per share, excluding restructuring charges of $0.30 per share, and the current consensus earnings estimate is $3.04 per share for the year ending December 31, 2014.
In-line Guidance
FY 2015
2/2/2015
8:30:48 AM
$3.20 to $3.40
-2.0%
-0.3%
Guidance:
Consensus:
Avery Dennison Guides In-line

Avery Dennison Corp. said it expects 2015 earnings of $3.20 to $3.40 per share, excluding charges. The current consensus earnings estimate is $3.31 per share for the year ending December 31, 2015.
Raises Guidance In-line with Estimates
FY 2015
4/29/2015
8:30:01 AM
$3.25 to $3.45
$3.25
5.3%
4.9%
Guidance:
Consensus:
Avery Dennison Raises Guidance, but Remains In-line with Estimates

Avery Dennison Corp. said it now expects 2015 earnings of $3.25 to $3.45 per share. The company's previous guidance was earnings of $3.20 to $3.40 per share, excluding charges and the current consensus earnings estimate is $3.25 per share for the year ending December 31, 2015.
In-line Guidance
FY 2015
7/29/2015
8:30:02 AM
$3.25 to $3.45
$3.35
-0.4%
-0.2%
Guidance:
Consensus:
Avery Dennison Guides In-line

Avery Dennison Corp. said it expects 2015 earnings of $3.25 to $3.45 per share. The current consensus earnings estimate is $3.35 per share for the year ending December 31, 2015.
Narrows Guidance
FY 2015
10/29/2015
6:45:03 AM
$3.30 to $3.40
$3.36
1.4%
1.6%
Guidance:
Consensus:
Avery Dennison Narrows Guidance

Avery Dennison Corp. said it expects 2015 earnings of $3.30 to $3.40 per share. The company's previous guidance was earnings of $3.25 to $3.45 per share and the current consensus earnings estimate is $3.36 per share for the year ending December 31, 2015.
In-line Guidance
FY 2016
2/3/2016
6:45:03 AM
$3.65 to $3.85
6.5%
-1.2%
Guidance:
Consensus:
Avery Dennison Guides In-line

Avery Dennison Corp. said it expects 2016 earnings of $3.65 to $3.85 per share. The current consensus earnings estimate is $3.69 per share for the year ending December 31, 2016.
Raises Guidance In-line with Estimates
FY 2016
4/27/2016
6:45:02 AM
$3.75 to $3.90
$3.76
2.4%
0.5%
Guidance:
Consensus:
Avery Dennison Raises Guidance, but Remains In-line with Estimates

Avery Dennison Corp. said it expects 2016 earnings of $3.75 to $3.90 per share. The company's previous guidance was earnings of $3.65 to $3.85 per share and the current consensus earnings estimate is $3.76 per share for the year ending December 31, 2016.
Raises Guidance In-line with Estimates
FY 2016
7/26/2016
6:45:05 AM
$3.80 to $3.95
$3.84
5.7%
4.5%
Guidance:
Consensus:
Avery Dennison Raises Guidance, but Remains In-line with Estimates

Avery Dennison Corp. said it expects 2016 earnings of $3.80 to $3.95 per share. The company's previous guidance was earnings of $3.75 to $3.90 per share and the current consensus earnings estimate is $3.84 per share for the year ending December 31, 2016.
EPS Above Estimates
FY 2016
10/26/2016
6:45:01 AM
$3.95 to $4.00
$3.93
-6.3%
-7.0%
Guidance:
Consensus:
Avery Dennison Raises Guidance

Avery Dennison Corp. said it expects 2016 earnings of $3.95 to $4.00 per share. The company's previous guidance was earnings of $3.80 to $3.95 per share and the current consensus earnings estimate is $3.93 per share for the year ending December 31, 2016.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
1/31/2012
8:30:04 AM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.39
$1.5 Bil
-
$0.46
$1.6 Bil
-15.2%
-9.1%
-60.9%
-11.1%
-7.5%
10.9%
4/25/2012
8:30:08 AM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.49
$1.5 Bil
-
$0.44
$1.5 Bil
11.4%
0.9%
-4.8%
-10.6%
1.2%
2.4%
7/24/2012
8:30:06 AM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.56
$1.5 Bil
-
$0.54
$1.5 Bil
3.7%
-0.5%
-30.3%
-11.2%
0.3%
8.7%
10/24/2012
8:30:03 AM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.53
$1.5 Bil
-
$0.45
$1.5 Bil
17.8%
0.5%
6.4%
-12.5%
7.3%
1.4%
1/30/2013
7:35:02 AM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.54
$1.5 Bil
-
$0.49
$1.5 Bil
10.2%
4.2%
32.5%
5.3%
10.3%
-1.7%
4/24/2013
8:30:07 AM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.59
$1.5 Bil
-
$0.57
$1.5 Bil
3.5%
-2.0%
15.7%
1.1%
-0.1%
-1.3%
7/23/2013
8:30:03 AM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.71
$1.6 Bil
$0.72
$0.69
$1.5 Bil
-1.4%
0.8%
23.4%
1.3%
3.5%
-3.5%
10/25/2013
8:30:03 AM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.69
$1.5 Bil
-
$0.65
$1.5 Bil
6.2%
-0.3%
25.9%
1.1%
6.7%
0.8%
1/31/2014
8:30:10 AM
Dec '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.69
$1.6 Bil
-
$0.67
$1.5 Bil
3.0%
3.5%
24.7%
3.4%
-2.7%
-1.0%
4/23/2014
8:31:06 AM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.65
$1.6 Bil
-
$0.66
$1.6 Bil
-1.5%
-1.3%
6.7%
3.4%
-5.4%
-0.6%
7/25/2014
8:30:16 AM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.80
$1.6 Bil
-
$0.79
$1.6 Bil
1.3%
-0.3%
7.6%
4.1%
0.2%
-7.3%
10/24/2014
8:30:18 AM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.77
$1.6 Bil
-
$0.74
-
4.1%
-
5.8%
3.6%
4.3%
1.7%
2/2/2015
8:30:48 AM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.90
$1.6 Bil
-
$0.80
$1.6 Bil
12.5%
-0.9%
23.1%
1.3%
-0.2%
-0.3%
4/29/2015
8:30:01 AM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.81
$1.5 Bil
-
$0.70
$1.5 Bil
15.7%
3.2%
17.9%
-1.4%
6.1%
4.9%
7/29/2015
8:30:02 AM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.91
$1.5 Bil
$0.89
$0.87
$1.5 Bil
2.2%
-0.3%
9.7%
-6.2%
0.6%
-0.2%
10/29/2015
6:45:03 AM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.87
$1.5 Bil
-
$0.84
$1.5 Bil
3.6%
-0.8%
11.4%
-5.9%
-0.7%
1.6%
2/3/2016
6:45:03 AM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.85
$1.5 Bil
$0.82
$0.78
$1.5 Bil
3.7%
0.3%
-6.6%
-9.3%
6.6%
-1.2%
4/27/2016
6:45:02 AM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.94
$1.5 Bil
$0.88
$0.86
$1.5 Bil
6.8%
-1.6%
13.4%
-2.8%
1.2%
0.5%
7/26/2016
6:45:05 AM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.09
$1.5 Bil
$1.04
$1.01
$1.5 Bil
4.8%
0.1%
16.4%
1.7%
3.1%
4.5%
10/26/2016
6:45:01 AM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.01
$1.5 Bil
-
$1.00
$1.5 Bil
1.0%
0.6%
12.7%
2.8%
-2.1%
-7.0%
EPS
Rev
-
-
-
$0.93
$1.5 Bil
-
-
9.4%
3.8%
EPS
Rev
-
-
-
$1.05
-
-
-
11.7%
-
2/2/2011
$41.11
$3.15
$6.51 Bil
-
-
-
1/31/2012
$27.15
$2.16
$6.03 Bil
-31.4%
-7.5%
-34.0%
1/30/2013
$38.44
$2.08
$6.04 Bil
-3.7%
0.2%
41.6%
1/31/2014
$49.27
$2.68
$6.14 Bil
28.8%
1.7%
28.2%
2/2/2015
$51.20
$3.11
$6.33 Bil
16.0%
3.1%
3.9%
2/3/2016
$63.74
$3.44
$5.97 Bil
10.6%
-5.7%
24.5%
2/3/2017
$71.72
$3.97
$6.05 Bil
15.4%
1.4%
12.5%
2/3/2018
$66.80
$4.27
$6.34 Bil
7.6%
4.8%
-6.9%
2/3/2019
-
$4.72
-
10.5%
-
-

Price Projection

Current Value
$60
-16%
Projected Price
$67
-7%