Avery Dennison: Q1 Earnings Snapshot

MENTOR Ohio AP MENTOR Ohio AP Avery Dennison Corp AVY on Wednesday disclosed first-quarter net income of million The Mentor Ohio-based company announced it had profit of per share Earnings adjusted for restructuring costs were per share The results missed Wall Street expectations The average estimate of six analysts surveyed by Zacks Resources Research was for earnings of per share The maker of office products posted revenue of billion in the period matching Street forecasts For the current quarter ending in June Avery Dennison expects its per-share earnings to range from to Avery Dennison shares have dropped almost since the beginning of the year while the S P s index has dropped The stock has dropped in the last months This story was generated by Automated Insights http automatedinsights com ap using input from Zacks Expenditure Research Access a Zacks stock review on AVY at https www zacks com ap AVY Source