Nordson Corp beats Q2 sales estimates, lifts annual outlook

Nordson

20/05/2026 21:41

Overview

US precision technology firm's fiscal Q2 sales rose 8% yr/yr, beating analyst expectations

Adjusted EPS for fiscal Q2 set a record and beat analyst expectations

Company raised full yr sales and earnings guidance, citing strong demand and higher backlog

Outlook

Nordson sees Q3 sales between $760 mln and $790 mln

Company expects Q3 adjusted EPS of $2.95 to $3.15

Nordson raises FY26 sales guidance to $2,930 mln-$3,010 mln and adj EPS to $11.30-$11.80

Result Drivers

ORGANIC GROWTH - Co said 7% organic sales growth across all segments drove record Q2 sales

SEGMENT DEMAND - Industrial Precision Solutions saw higher demand for industrial coating, polymer processing, and precision agriculture systems

ORDER MOMENTUM - Broad-based order entry and 18% higher backlog supported results

Company press release: ID:nBwbXqcZpa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$740.8 mln
$728.84 mln (7 Analysts)
Q2 Adjusted EPS
Beat
$2.86
$2.82 (7 Analysts)
Q2 EPS
$2.09
Q2 Net Income
$117.3 mln
Q2 Gross Margin
54.5%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Nordson Corp is $325.00, about 19.6% above its May 19 closing price of $271.64

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 24 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)