Nordson Q4 EPS $2.46 Beats $2.39 Estimate, Sales $719.31M Beat $706.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nordson Corporation (NASDAQ:NDSN) reported Q4 earnings of $2.46 per share, surpassing the consensus estimate of $2.39, and marking a 0.82% increase from the previous year. Quarterly sales reached $719.31M, exceeding estimates of $706.76M and showing a 5.23% increase from the same period last year.
December 13, 2023 | 9:31 pm
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POSITIVE IMPACT
Nordson Corporation exceeded Q4 EPS and sales estimates, showing year-over-year growth in both earnings and revenue.
Beating both earnings and sales estimates typically generates positive investor sentiment, which can lead to a short-term increase in stock price. The reported growth over the previous year further strengthens the positive outlook for Nordson.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100