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Avery Dennison, in the Spotlight Soon

Friday - 7/19/2013, 2:00am  ET

Avery Dennison is expected to report Q2 earnings on July 23. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Avery Dennison's revenues will increase 0.8% and EPS will increase 25.0%.

The average estimate for revenue is $1.54 billion. On the bottom line, the average EPS estimate is $0.70.

Revenue details
Last quarter, Avery Dennison reported revenue of $1.50 billion. GAAP reported sales were 3.9% higher than the prior-year quarter's $1.44 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.59. GAAP EPS of $0.57 for Q1 were 39% higher than the prior-year quarter's $0.41 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 26.8%, 70 basis points better than the prior-year quarter. Operating margin was 6.7%, 60 basis points better than the prior-year quarter. Net margin was 3.9%, 90 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $6.08 billion. The average EPS estimate is $2.58.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 105 members out of 133 rating the stock outperform, and 28 members rating it underperform. Among 56 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give Avery Dennison a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Avery Dennison is hold, with an average price target of $39.71.

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This article was originally published as Avery Dennison, in the Spotlight Soonon Fool.com

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