H.B. Fuller Company reports results for the quarter ended in February - Earnings Summary

H.B. Fuller

28/03/2024 08:46

* H.B. Fuller Company  FUL.N  reported quarterly adjusted
earnings
of 67 cents​​ per share for the quarter ended in February,
higher than the same quarter last year, when the company
reported EPS of 55 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 64 cents per
share. Wall Street expected results to range from 61 cents to 68
cents per share.
    * Revenue rose 0.2% to $810.42 million from a year ago;
analysts
expected $825.03 million. 
    * H.B. Fuller Company's reported EPS for the quarter was 55
cents​.
    * The company reported quarterly net income of $30.99
million.
    * H.B. Fuller Company shares had risen by 1.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 19.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialty
chemicals
peer group is also "buy"

Wall Street's median 12-month price target for H.B. Fuller
Company is $89.00 
This summary was machine generated from LSEG data March 28 at
08:46 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      0.64           0.67           Beat
 Nov. 30 2023      1.27           1.32           Beat
 Aug. 31 2023      1.14           1.06           Missed
 May. 31 2023      1.04           0.93           Missed