H.B. Fuller Q2 Adj. EPS $0.93 Misses $1.04 Estimate, Sales $898.00M Miss $969.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
H.B. Fuller (NYSE:FUL) reported Q2 earnings of $0.93 per share, missing the analyst consensus estimate of $1.04 by 10.58%. This is a 16.22% decrease from the same period last year. The company also reported quarterly sales of $898.00 million, missing the analyst consensus estimate of $969.60 million by 7.38%. This is a 9.59% decrease from the same period last year.
June 28, 2023 | 8:06 pm
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H.B. Fuller's Q2 earnings and sales missed estimates, marking a decrease from the same period last year. This could potentially impact the company's stock negatively in the short term.
H.B. Fuller's Q2 earnings and sales have both missed estimates and decreased from the same period last year. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100