Nordson Corp expected to post earnings of $2.33 a share - Earnings Preview

Nordson

19/08/2024 21:03

* Nordson Corp  NDSN.OQ   NDSN.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 21 for the
period ending July 31 2024
    * The Westlake Ohio-based  company is expected to report a
1.2% increase in revenue to $656.232 million from $648.68
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on May 20
2024, for the period ended July 31, was for revenue between
$645.00 million and $670.00 million.
    * ​LSEG's mean analyst estimate for Nordson Corp is for
earnings
of $2.33 per share. The company's EPS guidance on May 20 2024,
for the period ended July 31, was between $2.25 and $2.40 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "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
$280.98​, above​ its last closing price of $239.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   2.31        2.31       2.34      Beat    1.1
 Jan. 1 0001   2.03        2.04       2.21      Beat    8.5
 Oct. 31 2023  2.39        2.39       2.46      Beat    2.7​
 Jul. 31 2023  2.32        2.32       2.35      Beat    1.4
 ​​Jan.        2.11        2.11       2.26      Beat    7.1
 1 0001                                                 
 Jan. 31 2023  1.98        1.97       1.95      Missed  -1.1​
 Oct. 31 2022  2.33        2.33       2.44      Beat    4.8
 Jul. 31 2022  2.44        2.44       2.49      Beat    2.1
 This summary was machine generated August 19 at 20:03 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)