H.B. Fuller shares are trading lower after the company reported worse-than-expected Q3 financial results and issued FY24 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
H.B. Fuller shares declined following the release of disappointing Q3 financial results and FY24 adjusted EPS guidance that fell short of expectations.
September 25, 2024 | 8:12 pm
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H.B. Fuller's stock is under pressure due to worse-than-expected Q3 financial results and lower-than-anticipated FY24 adjusted EPS guidance.
The company's Q3 financial results were below expectations, which typically leads to a negative market reaction. Additionally, the FY24 EPS guidance being below estimates suggests potential future earnings challenges, further pressuring the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100