Avery Dennison Corp. (AVY), a leader in materials science, announced an update to its earnings forecast for the full-year 2024 as part of its third-quarter financial results released on Wednesday. The company has revised its adjusted earnings outlook, now anticipating earnings between $8.75 and $8.90 per share, with adjusted earnings expected to fall within the range of $9.35 to $9.50 per share.
This revision marks a slight adjustment from the company's previous forecast, which anticipated earnings in the range of $8.75 to $8.95 per share and adjusted earnings between $9.30 and $9.50 per share.
Market analysts, as surveyed by Thomson Reuters, have forecasted Avery Dennison's earnings to be around $9.43 per share for the year, noting that these figures usually exclude any special items.
