H.B. Fuller Q3 2024 Adj. EPS $1.13 Misses $1.23 Estimate, Sales $917.927M Miss $944.252M Estimate
Portfolio Pulse from Benzinga Newsdesk
H.B. Fuller reported Q3 2024 earnings per share of $1.13, missing the analyst estimate of $1.23. Sales were $917.927 million, below the expected $944.252 million, but up 1.92% from last year.
September 25, 2024 | 8:06 pm
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NEGATIVE IMPACT
H.B. Fuller's Q3 2024 earnings and sales both missed analyst estimates, with EPS at $1.13 and sales at $917.927M. Despite the miss, sales increased by 1.92% year-over-year.
The earnings and sales figures both missing analyst estimates are likely to negatively impact H.B. Fuller's stock price in the short term. However, the year-over-year sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100