Nordson (NASDAQ:NDSN – Get Free Report) issued an update on its third quarter earnings guidance on Monday morning. The company provided EPS guidance of $2.25-2.40 for the period, compared to the consensus EPS estimate of $2.72. The company issued revenue guidance of $645-670 million, compared to the consensus revenue estimate of $706.19 million. Nordson also […]
Nordson has an average rating of outperform and price targets ranging from $240 to $328, according to analysts polled by Capital IQ.
Price: 246.30, Change: -22.12, Percent Change: -8.24
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U.S. index futures are modestly higher in early trading on Monday, suggesting that the upward momentum remains intact, albeit laced with caution. Traders will likely scan speeches by Federal Reserve officials for confirmation regarding rate trajectory. The global markets have taken development in the Middle East in their stride, underlining their resilience.
Second Quarter:
Sales were $651 million
Net income was $118 million
Earnings per diluted share were $2.05
Adjusted earnings per diluted share were $2.34
EBITDA was $203 million, 31% of.