Company Earnings UpdateAvery Dennison (NYSE: AVY) 1Q19 Results: Mixed Quarter, Reiterates Guidance, Growth and Margins to Improve Throughout 2019 Coresight Research April 25, 2019 Executive Summary Avery Dennison reported 1Q19 revenues of $1.74 billion, down 2.0% year over year and slightly below the $1.77 billion consensus estimate. Adjusted EPS was $1.48, up 3.2% year over year and beating the consensus estimate by two cents. Organic growth was 2.4%. Revenues in the retail branding and information solutions segment grew 3.2% year over year, whereas revenues in other segments declined. The company reaffirmed its 2019 adjusted EPS guidance of $6.45–$6.70 (up 6%–10%.) Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: From Models to Markets—The Accelerating Shift Toward AI Applications, with Charlie PoonAldi vs. Lidl US Store Openings: Mapping Retail Real Estate Changes with the Store Intelligence PlatformResilience Now: Turn Tariff Uncertainty into Opportunity Using AIConsumer Sentiment Unpacked—Higher-Income, Younger Consumers Are Most Optimistic: US Consumer Survey Insights Extra
