H.B. Fuller Company expected to post earnings of 64 cents a share - Earnings Preview

H.B. Fuller

25/03/2024 20:30

* H.B. Fuller Company  FUL.N   FUL  is expected to show a
rise in
quarterly revenue when it reports  results on March 27 for the
period ending February 29 2024
    * The Saint Paul Minnesota-based  company is expected to
report a
2.0% increase in revenue to $825.032 million from $809.18
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on January
18 2024, for the period ended February 29, was for revenue
between $817.27 million and $833.46 million.
    * ​LSEG's mean analyst estimate for H.B. Fuller Company is
for
earnings of 64 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for H.B. Fuller
Company is $89.00​, above​ its last closing price of $80.69. ​​​

The company's guidance on January 18 2024 for the period ended
February 29 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD817.27483 million
and USD125 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Nov. 30 2023  1.26        1.27       1.32      Beat    3.7
 Aug. 31 2023  1.13        1.14       1.06      Missed  -7.2
 May. 31 2023  1.01        1.04       0.93      Missed  -10.6​
 Feb. 28 2023  0.58        0.59       0.55      Missed  -6.8
 ​​Nov.        1.24        1.24       1.04      Missed  -16
 30 2022                                                
 Aug. 31 2022  1.04        1.05       1.06      Beat    1.4​
 May. 31 2022  1.05        1.07       1.11      Beat    3.8
 Feb. 28 2022  0.73        0.73       0.80      Beat    9
 This summary was machine generated March 25 at 20:30 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)