Adhesives maker H.B. Fuller Q3 adjusted profit edges above expectations

H.B. Fuller

24/09/2025 21:14

Overview

H.B. Fuller fiscal Q3 revenue declines 2.8%, slightly below analyst expectations, per LSEG data

Adjusted EPS for fiscal Q3 rises 12% and edges past analyst estimates

Adjusted EBITDA increases 3% yr/yr, surpassing analyst expectations

Outlook

Company expects fiscal 2025 net revenue to decline 2% to 3%

H.B. Fuller sees fiscal 2025 adjusted EBITDA at $615 mln to $625 mln

Company anticipates fiscal 2025 adjusted EPS of $4.10 to $4.25

H.B. Fuller expects fiscal 2025 cash flow from operations of $275 mln to $300 mln

Result Drivers

PRICING AND COST ACTIONS - Adjusted gross profit margin increased by 190 basis points year-on-year, driven by favorable net pricing and raw material cost actions

DIVESTITURE IMPACT - Adjusted for the flooring divestiture, net revenue was up 1.6% year-on-year

COST REDUCTION - Targeted cost reduction efforts contributed to the increase in adjusted gross profit margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$892 mln
$895.80 mln (6 Analysts)
Q3 Adjusted EPS
Beat
$1.26
$1.24 (6 Analysts)
Q3 Adjusted Net Income
Beat
$69 mln
$68.60 mln (5 Analysts)
Q3 Adjusted EBITDA
Beat
$171 mln
$169.20 mln (6 Analysts)
Q3 Adjusted Gross Profit
$288 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the specialty chemicals peer group is "buy."

Wall Street's median 12-month price target for H.B. Fuller Company is $72.00, about 17.2% above its September 23 closing price of $59.62

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw6c2cBYa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)