Nordson: Fiscal Q1 Earnings Snapshot
By AP News
Published - Feb 21, 2024, 04:52 PM ET
Last Updated - Feb 21, 2024, 04:52 PM EST
WESTLAKE, Ohio (AP) — WESTLAKE, Ohio (AP) — Nordson Corp. (NDSN) on Wednesday reported fiscal first-quarter net income of $109.6 million.
On a per-share basis, the Westlake, Ohio-based company said it had net income of $1.90. Earnings, adjusted for one-time gains and costs, came to $2.21 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.03 per share.
The maker of adhesives and industrial coatings posted revenue of $633.2 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $630.2 million.
