Northern Technologies Q3 sales rise 4%, expects profitability in fiscal 2026

Northern Technologies International

10/07/2025 13:13

Adds dropped words in third bullet of Outlook section

Overview

Northern Technologies International Corp (NTIC) Q3 net sales grow 4%, driven by ZERUST industrial demand

Adjusted EPS for fiscal Q3 missed analyst expectations, per LSEG data

Net income drops due to strategic investments and macro challenges

Outlook

Company expects ZERUST oil and gas sales to improve sequentially in Q4 and fiscal 2026

NTIC anticipates positive impact from European stimulus on joint venture income

Company is positioned for growth and expects profitability in fiscal 2026 and beyond

NTIC monitors Europe for economic recovery, especially in Germany

Result Drivers

ZERUST INDUSTRIAL DEMAND - Increased demand for ZERUST industrial products drove a 7.1% rise in sales

CHINA SALES GROWTH - NTIC China net sales surged 27.4%, contributing positively to overall performance

INVESTMENT IMPACT - Strategic investments in sales infrastructure led to higher operating expenses, affecting net income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Miss
$0.02
$0.04 (1 Analyst)
Q3 EPS
$0.01


Analyst Coverage

The one available analyst rating on the shares is "buy"

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

Wall Street's median 12-month price target for Northern Technologies International Corp is $13.00, about 37.5% above its July 9 closing price of $8.13

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX1D3qFJ

 (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.)