Nordson Q2 EPS $2.34 Beats $2.31 Estimate, Sales $650.64M Miss $661.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nordson (NASDAQ:NDSN) reported Q2 earnings per share (EPS) of $2.34, beating the analyst estimate of $2.31. However, the company missed sales estimates, reporting $650.64 million against the expected $661.41 million.
May 20, 2024 | 8:32 pm
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Nordson's Q2 EPS of $2.34 beat estimates, but sales of $650.64 million missed expectations. The mixed results may lead to short-term volatility in the stock price.
While Nordson's EPS beat expectations, the sales miss could cause mixed reactions among investors. The slight increase in both EPS and sales compared to last year indicates stable performance, but missing sales estimates might raise concerns.
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