Nordson Corp expected to post earnings of $2.04 a share - Earnings Preview

Nordson

19/02/2024 21:29

* Nordson Corp  NDSN.OQ   NDSN.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 21 for
the period ending January 31 2024
    * The Westlake Ohio-based  company is expected to report a
3.3% increase in revenue to $630.42 million from $610.48 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.The company's guidance on December 13 2023,
for the period ended January 31, was for revenue between $615.00
million and $640.00 million.
    * ​LSEG's mean analyst estimate for Nordson Corp is for
earnings
of $2.04 per share. The company's EPS guidance on December 13
2023, for the period ended January 31, was between $2.00 and
$2.10 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nordson
Corp is
$275.98​, above​ its last closing price of $264.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  2.39        2.39       2.46      Beat    2.7
 Jul. 31 2023  2.32        2.32       2.35      Beat    1.4
 Apr. 30 2023  2.11        2.11       2.26      Beat    7.1​
 Jan. 31 2023  1.98        1.97       1.95      Missed  -1.1
 ​​Oct.        2.33        2.33       2.44      Beat    4.8
 31 2022                                                
 Jul. 31 2022  2.44        2.44       2.49      Beat    2.1​
 Apr. 30 2022  2.29        2.29       2.43      Beat    6.2
 Jan. 31 2022  1.91        1.91       2.07      Beat    8.5
 This summary was machine generated February 19 at 21:29 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)