Avery Dennison: Q2 Earnings Snapshot

Avery Dennison Corp. reported second-quarter earnings of $204.1 million, exceeding Wall Street's per-share profit estimate of $2.47 with actual results of $2.67 and adjusted earnings of $2.89. Revenue reached $2.46 billion, surpassing the projected $2.29 billion, while the company forecasts full-year earnings between $10 to $10.30 per share. Shares have declined 8% year-to-date and 3% over the past 12 months despite strong quarterly results.