H.B. Fuller Q3 EPS $1.06 Misses $1.14 Estimate, Sales $900.63M Miss $956.26M Estimate
Portfolio Pulse from Happy Mohamed
H.B. Fuller (NYSE:FUL) reported Q3 earnings of $1.06 per share, missing the analyst consensus estimate of $1.14 by 7.02%. The company's quarterly sales were $900.63 million, missing the analyst consensus estimate of $956.26 million by 5.82%. This represents a 4.31% decrease over sales of $941.23 million the same period last year.
September 27, 2023 | 8:06 pm
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NEGATIVE IMPACT
H.B. Fuller's Q3 earnings and sales missed analyst estimates, which could negatively impact the company's stock price in the short term.
H.B. Fuller's Q3 earnings and sales fell short of analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100