Alert: Big Tech Bans Our Stream

Avery Dennison: Q3 Earnings Snapshot

GLENDALE, Calif. (AP) _ Avery Dennison Corp. (AVY) on Wednesday reported third-quarter earnings of $164.1 million.

On a per-share basis, the Glendale, California-based company said it had net income of $1.96. Earnings, adjusted for restructuring costs, came to $2.14 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.

The maker of office products posted revenue of $2.07 billion in the period.

Avery Dennison expects full-year earnings in the range of $8.80 to $8.95 per share.

Avery Dennison shares have increased 37% since the beginning of the year, while the S&P's 500 index has climbed 22%. The stock has risen 52% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AVY at https://www.zacks.com/ap/AVY

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