Recap: Nordson Q2 Earnings
Portfolio Pulse from Benzinga Insights
Nordson (NASDAQ:NDSN) reported Q2 earnings with an EPS of $2.26, beating estimates by 7.11%. Revenue was up $14.76 million YoY. Last quarter, the company missed EPS estimates, resulting in a 13.93% share price drop.
May 22, 2023 | 8:35 pm
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Nordson's Q2 earnings beat estimates with a 7.11% higher EPS of $2.26. Revenue increased by $14.76 million YoY.
Nordson's Q2 earnings beat estimates, which is a positive signal for investors. The 7.11% higher EPS and increased revenue of $14.76 million YoY indicate strong financial performance. This is likely to have a positive short-term impact on the stock price, especially considering the 13.93% drop after missing estimates last quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100