Nordson up after raising annual earnings forecast
20/08/2026 13:31
BUZZ-Nordson up after raising annual earnings forecast ** Shares of dispensing equipment maker Nordson NDSN.O rise nearly 4% to $320 premarket after co lifted annual forecast
** Co on Wednesday forecast upbeat annual earnings, banking on increased demand for its advanced technology products
** NDSN lifts FY adjusted profit forecast to be between $11.80 and $12/share, from $11.30 and $11.80/share prior forecast
** Co raises annual sales forecast to be between $3.04 billion and $3.08 billion, from $2.93 billion and $3.01 billion previously
** As of last close, stock has risen 28.90% YTD
(Reporting by Miraanta Lowrance)
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