Avery dennison announces q2 adjusted non-gaap earnings per share $1.27

Avery dennison announces second quarter 2020 results.q2 adjusted non-gaap earnings per share $1.27.q2 earnings per share $0.95.q2 sales $1.53 billion versus refinitiv ibes estimate of $1.52 billion.q2 earnings per share estimate $1.13 -- refinitiv ibes data.anticipate q3 sales decline ex. currency of 5% to 7%.anticipate q3 sales decline ex. currency of 5% to 7%."our strategic priorities are unchanged".all manufacturing sites impacted by government-mandated closures are now open.avery dennison - currently expects sales and earnings to decline in 2020 on lower demand, with q2 representing trough.targeting to deliver free cash flow of about $500 million in 2020.estimates incremental savings from restructuring actions of $60 million to $70 million during 2020.anticipates carryover savings of approximately $70 million in 2021.q3 revenue view $1.63 billion -- refinitiv ibes data.
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