Avery Dennison reports Q3 adjusted EPS $2.33, consensus $2.32

Reports Q3 revenue $2.2B, consensus $2.2B. “We delivered a strong Q3 with strong earnings growth, above expectations, driven by higher volume and productivity gains,” said Deon Stander, president and CEO. “Both our Materials and Solutions Groups delivered strong bottom-line growth. In Intelligent Labels, we are delivering another year of strong growth and continue to see significant opportunity ahead. Adoption of our solutions in new categories is increasing, particularly in Food, as the value of our technology in helping address key industry challenges continues to resonate with customers.”