Avery Dennison posts Q3 beat and lifts full‑year adjusted EPS outlook
+1 new source since this summary was written
Avery Dennison reported third‑quarter adjusted earnings of $2.42 per share, topping the $2.32 consensus. Revenue reached $2.3 billion, exceeding the $2.26 billion estimate and growing 5.2% year‑over‑year (3.7% on an organic basis). The company raised its 2026 adjusted EPS guidance to a range of $10.10‑$10.24, with the midpoint now $10.17. Management noted that the Walmart Fresh RFID rollout has been delayed to 2027, affecting the timing of related revenue.
Why it matters
The higher guidance suggests slightly stronger earnings than previously expected, though it remains marginally below analyst consensus (the company says the midpoint is $10.17 versus the $10.18 consensus). The beat and guidance lift may support the stock’s valuation, while the delayed Walmart program signals a later revenue contribution.
Key facts
- 1Adjusted EPS was $2.42, beating the $2.32 consensus by $0.10. investing.com
- 2Revenue was $2.3 billion, surpassing the $2.26 billion estimate. investing.com
- 3Revenue grew 5.2% year‑over‑year and 3.7% on an organic basis. investing.com
- 4Full‑year 2026 adjusted EPS guidance was set to $10.10‑$10.24, with a midpoint of $10.17. investing.com
- 5Materials Group sales were $1.6 billion, up 8.5% (4.9% organic). investing.com
- 6Solutions Group sales were $687 million, down 1.8% (0.8% organic). investing.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.