Avery Dennison: Q4 Earnings Snapshot

MENTOR, Ohio (AP) _ Avery Dennison Corp. (AVY) on Thursday reported fourth-quarter earnings of $122.9 million.The Mentor, Ohio-based company said i...

February 2, 2023
12:11 PM

MENTOR, Ohio (AP) _ Avery Dennison Corp. (AVY) on Thursday reported fourth-quarter earnings of $122.9 million.The Mentor, Ohio-based company said it had net income of $1.51 per share. Earnings, adjusted for pretax expenses and restructuring costs, came to $1.65 per share.AdvertisementArticle continues below this adThe results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.10 per share.The maker of office products posted revenue of $2.