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from the world of economics and financeAvery Dennison Corporation AVY is scheduled to report first-quarter 2025 results before the opening bell on April 23, 2025.
The Zacks Consensus Estimate for AVY’s first-quarter revenues is pegged at $2.14 billion, indicating a 0.4% dip from the year-ago figure.
The consensus estimate for AVY’s earnings has moved down in the past 60 days. The consensus estimate is pegged at $2.32 per share, indicating year-over-year growth of 1.3%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
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Avery Dennison’s earnings beat the Zacks Consensus Estimates in the trailing four quarters, the average surprise being 3.7%.
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Our proven model does not conclusively predict an earnings beat for AVY this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that is not the case here, as you can see below.
You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Earnings ESP: Avery Dennison has an Earnings ESP of 0.00%.
Zacks Rank: AVY currently carries a Zacks Rank #3.
Avery Dennison’s first-quarter results are likely to reflect improved volumes in both of its segments. However, higher raw material, labor and freight costs are expected to have impacted the company’s margins. The impacts are anticipated to have been offset by AVY’s productivity improvement and cost-saving actions.
Our model predicts the Materials Group segment’s revenues to dip 0.6% year over year in the quarter to $1.48 billion. Higher volumes of Label Materials will be offset by currency translation. Our prediction for the Materials Group segment’s adjusted operating profit is pinned at $263 million, indicating a year-over-year improvement of 4.5%.
Our model predicts the Solutions Group segment’s revenues to be $655 million, indicating an increase of 0.1% from the prior-year quarter’s actual. Normalized growth in apparel will aid the segment’s growth. Also, the Intelligent Labels adoption is increasing in new categories, which is expected to have aided the segment’s quarterly performance. The gains are likely to have been partially offset by currency translation.
The estimate for the segment’s operating profit is pinned at $57 million, indicating an increase of 0.8% from the year-ago quarter’s reported figure.
AVY shares have dipped 18.3% in the past year compared with the industry’s decline of 22.5%.
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Here are some companies with the right combination of elements to post an earnings beat in their upcoming releases.
Tenaris S.A. TS is expected to release its first-quarter 2025 results on April 30. It has an Earnings ESP of +17.98% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Tenaris’ earnings is pegged at 89 cents per share, which indicates a year-over-year decline of 29.9%. TS has a trailing four-quarter average surprise of 10.9%.
Illinois Tool Works Inc. ITW, anticipated to release its first-quarter 2025 on April 30, has an Earnings ESP of +1.52% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for Illinois Tool Works’ first-quarter 2025 earnings is pegged at $2.34 per share, suggesting a year-over-year decline of 4.1%. ITW has a trailing four-quarter average surprise of 3.6%.
Emerson Electric Co. EMR, expected to release earnings soon, currently has an Earnings ESP of +1.96% and a Zacks Rank of 3.
The consensus estimate for Emerson Electric’s earnings for the second quarter of fiscal 2025 is pegged at $1.42 per share, indicating year-over-year growth of 4.4%. EMR has a trailing four-quarter average surprise of 4.3%.
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Illinois Tool Works Inc. (ITW) : Free Stock Analysis Report
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Tenaris S.A. (TS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.