Avery Dennison jumps after Q1 EPS and revenue beat, Q2 outlook issued
Avery Dennison shares are higher after the company reported Q1 2026 adjusted EPS of $2.47 on $2.30B of revenue, both ahead of consensus. The company also issued Q2 2026 adjusted EPS guidance of $2.43 to $2.53 and highlighted strong earnings growth and free cash flow.
1. What’s moving the stock
Avery Dennison (AVY) is moving higher on April 28, 2026 after posting a first-quarter earnings beat, with adjusted earnings per share of $2.47 versus expectations around $2.45 and revenue of about $2.30 billion versus roughly $2.28 billion. The release also pointed to strong earnings growth and free cash flow, helping offset investor focus on forward guidance.
2. Key numbers from the quarter
For Q1 2026, Avery Dennison reported net sales of $2.3 billion, up 7.0% year over year, and adjusted EPS (non-GAAP) of $2.47, up 7.4%. Reported EPS was $2.18.
3. Outlook and what traders are watching next
For Q2 2026, Avery Dennison guided to reported EPS of $2.21 to $2.31 and adjusted EPS of $2.43 to $2.53. With the stock up about 3% intraday to roughly $169.57, investors will focus on how the company’s second-quarter range tracks against consensus and whether demand and pricing trends in its Materials and Solutions platforms can sustain earnings momentum into the second half.