Nordson: Fiscal First Quarter Earnings Overview
Nordson Corp. Reports Strong First-Quarter Financial Results
Nordson Corp., headquartered in Westlake, Ohio, announced its financial performance for the fiscal first quarter, revealing a net profit of $133.4 million.
The company achieved earnings of $2.38 per share, with adjusted earnings—excluding certain one-time items—coming in at $2.37 per share.
These results exceeded analyst expectations, as the consensus forecast from four analysts polled by Zacks Investment Research was $2.36 per share.
Nordson, a manufacturer specializing in adhesives and industrial coatings, generated $669.5 million in revenue for the quarter, surpassing the $650.8 million anticipated by three Zacks analysts.
Outlook for Upcoming Quarters
- For the quarter ending in April, Nordson projects earnings per share between $2.70 and $2.90.
- Revenue for the fiscal second quarter is expected to fall within the $710 million to $740 million range.
- For the full fiscal year, the company anticipates earnings per share between $11 and $11.60, with total revenue estimated between $2.86 billion and $2.98 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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