Investing.com - Avery Dennison (NYSE:AVY) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Avery Dennison announced earnings per share of $2.27 on revenue of $1.99B. Analysts polled by Investing.com anticipated EPS of $2.08 on revenue of $1.92B.
Avery Dennison shares are down 0% from the beginning of the year, still down 4.88% from its 52 week high of $164.00 set on January 12. They are under-performing the S&P 500 which is up 1.87% from the start of the year.
Avery Dennison follows other major Basic Materials sector earnings this month
Avery Dennison's report follows an earnings beat by Sherwin-Williams on January 28, who reported EPS of $5.09 on revenue of $4.49B, compared to forecasts EPS of $4.85 on revenue of $4.34B.
Southern Copper had beat expectations on January 25 with fourth quarter EPS of $0.76 on revenue of $2.35B, compared to forecast for EPS of $0.7002 on revenue of $2.1B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar