Jul. 22 at 2:12 PM
$AVY beats EPS estimates, but why is the stock down 18.7% in the past year? 🤔
Despite a Q2 EPS beat at
$2.42 and solid shareholder returns of
$503M, total revenues dipped 0.7% missing estimates, and long-term debt rose to
$2.63B from
$2.05B.
Full breakdown here 👉 https://www.zacks.com/stock/news/2603751/avery-dennison-q2-earnings-beat-estimates-revenues-dip-yy?cid=sm-stocktwits-2-2603751-body-3034&ADID=SYND_STOCKTWITS_TWEET_2_2603751_BODY_3034