Nordson Q3 sales beat estimates, lifts FY outlook

Nordson

19/08/2026 22:17

Overview
US precision technology firm's fiscal Q3 sales rose 10% yr/yr, beating analyst expectations
Adjusted EPS for fiscal Q3 rose 19% yr/yr, beating analyst expectations

Outlook
Nordson raises full-year sales guidance to $3,035 mln-$3,075 mln
Company expects full-year adjusted EPS of $11.80-$12.00
Nordson says strong demand and backlog expected to drive sales through fourth qtr

Result Drivers
SEGMENT GROWTH - Co said organic sales growth, especially in Advanced Technology Solutions and Medical and Fluid Solutions, drove record Q3 results
TECHNOLOGY & STRATEGY - Co attributed performance to execution of its Ascend Strategy and differentiated precision technology offerings

Company press release: ID:nBw15PJWVa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$817.67 mln
$780.08 mln (6 Analysts)
Q3 Adjusted EPS
Beat
$3.25
$3.10 (6 Analysts)
Q3 EPS
 
$2.73
 
Q3 Net Income
 
$152.85 mln
 
Q3 Gross Margin
 
55.50%
 
Q3 Operating Profit
 
$223.09 mln
 
Q3 Pretax Profit
 
$185.94 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "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 Corporation is $328.00, about 7.8% above its August 18 closing price of $304.21
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 24 three months ago

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(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.)