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AVY - Avery Dennison News Story

$221.46 1.1  0.5%

Last Trade - 07/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £13.16bn
Enterprise Value £14.46bn
Revenue £5.22bn
Position in Universe 634th / 6858

BUZZ-Avery Dennison, Graphic Packaging rise after Q2 profit beats

Tue 23rd July, 2019 4:24pm
** Shares of packaging products cos Avery Dennison Corp
 AVY.N  and Graphic Packaging Holding Co  GPK.N  rise after both
beat Q2 profit estimates
    ** GPK rises 6.7% to $15.19, while AVY up 5.2% at $118.15 
    ** AVY posts Q2 adj. profit of $1.72/shr vs analysts' avg.
est. of $1.68/shr - IBES data from Refinitiv
    ** GPK posts Q2 adj. profit of 24 cents/shr vs est. of 21
cents/shr
    ** Both have beaten EPS estimates for 3 straight qtrs
    ** Including Tuesday's gains, GPK up ~43% this year and AVY
gained 31.1%

 (Reporting by Debroop Roy in Bengaluru)
 ((Reuters Messaging:
debroop.roy.thomsonreuters.com@reuters.net))
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