For the quarter ended March 2026, Avery Dennison (AVY) reported revenue of $2.3 billion, up 7% over the same period last year. EPS came in at $2.47, compared to $2.30 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.27 billion, representing a surprise of +1.21%. The company delivered an EPS surprise of +2.6%, with the consensus EPS estimate being $2.41.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Avery Dennison performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Solutions Group: $649.2 million versus the two-analyst average estimate of $690.57 million. The reported number represents a year-over-year change of -2.8%. Net Sales- Materials Group: $1.65 billion versus the two-analyst average estimate of $1.57 billion. The reported number represents a year-over-year change of +11.4%. Adjusted Operating income (loss)- Corporate expense: $-23 million versus the two-analyst average estimate of $-21.05 million. Adjusted Operating income (loss)- Solutions Group: $58.5 million compared to the $69.08 million average estimate based on two analysts. Adjusted Operating income (loss)- Materials Group: $254.2 million versus the two-analyst average estimate of $239.56 million.View all Key Company Metrics for Avery Dennison here>>>
Shares of Avery Dennison have returned -1.9% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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This article originally published on Zacks Investment Research (zacks.com).