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Avery Dennison (AVY) Earnings Preview For Upcoming Quarterly Earnings Release Date

Robert Weinstein's picture

Avery Dennison Corporation (NYSE:AVY) is expected to report last fiscal quarter's results before the opening bell on January 31, 2012. We can review how Avery Dennison has performed recently.
 

Avery Dennison Corporation engages in the manufacture and sale of pressure-sensitive materials; office and consumer products; and various tickets, tags, labels, and other converted products worldwide. The company was founded in 1935 and is headquartered in Pasadena, California.

52 Week High: $43.52
52 Week Low:  $23.51
Book Value:    $16.48
Float Short:    &nbsp&nbsp6.86%

On average, analysts are expecting a drop of $-0.02 in earnings per share compared to last quarter's results of $0.48. Investors will be looking to top $0.46 per share , based on the estimated mean earnings. Analyst estimates range between $0.43 and $0.48 per share.

In the last month, the stock has decreased in price -0.03%, and changing from last year at this time -31.69%.
When comparing to the S&P 500, the year to date difference is -4.57%.

Management has provided an improvement of year-over-year revenue. Revenue reported was $6.51 billion for 2010 vs. $5.95 billion for 2009. The bottom line has rising earnings year-over-year of $316.90 million for 2010 vs. $-746.70 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $455.60 million for 2010 vs. $-514.30 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue.
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Here is the last few quarters to get an idea how well they perform compared to estimates
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Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for AVY
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The number of days to cover short interest based on average daily trading volume for AVY
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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

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Avery Dennison Corporation
Avery Dennison (NYSE:AVY) Earnings Preview with Paid2Trade