H.B. Fuller Company reports results for the quarter ended August 31 - Earnings Summary

• H.B. Fuller Company FUL reported quarterly adjusted earnings of $1.26​​ per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of $1.13. The mean expectation of six analysts for the quarter was for earnings of $1.24 per share. Wall Street expected results to range from $1.19 to $1.29 per share.

• Revenue fell 2.8% to $892.04 million from a year ago; analysts expected $895.84 million.

• H.B. Fuller Company's reported EPS for the quarter was $1.22​.

• The company reported quarterly net income of $67.16 million.

• H.B. Fuller Company shares had fallen by 0.9% this quarter and lost 11.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialty chemicals peer group is "buy."

• Wall Street's median 12-month price target for H.B. Fuller Company is $72.00, about 17.7% above its last closing price of $59.27

This summary was machine generated from LSEG data September 24 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)