H.B. Fuller Q3 Results Beat Street View

(RTTNews) - H.B. Fuller Company (FUL) Wednesday reported third-quarter results that trumped Wall Street estimates.

Net income for the third quarter dropped to $41.6 million or $0.79 per share from $49.7 million or $0.97 per share last year.

Adjusted earnings for the quarter dropped to $0.76 per share from $0.86 per share last year.

Revenues for the quarter dropped 4.7% to $691.5 million from $725.4 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.70 per share on revenues of $674.07 million for the quarter.

Looking forward to the fourth quarter, the company expects revenues to be approximately flat to down 3% year over year. Analysts currently estimate revenues to drop 3.40%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Latest Markets Videos


Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More