Nordson stock falls on earnings miss, outlook

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Nordson Corp. shares dropped in the extended session Tuesday after the adhesives and materials company missed Wall Street estimates and forecast a...

Nordson Corp.

shares dropped in the extended session Tuesday after the adhesives and materials company missed Wall Street estimates and forecast a rockier-than-expected quarter. Nordson shares fell 7% after hours, following a 1.3% decline in the regular session to close at $135.48. The company reported fiscal third-quarter net income of $93.9 million, or $1.62 a share, compared with $98.4 million, or $1.61 a share, in the year-ago period. Revenue declined to $559.7 million from $581.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earnings wrap: Home Depot and Medtronic jump on earnings, Kohl's takes a hitIt was a good day for Home Depot shareholders as the home improvement retailer's stock rose more than 4% on stronger-than-expected earnings.
Source: CNBC - 🏆 12. / 72 Read more »

Urban Outfitters shares rise on mixed earnings report, Free People stands outUrban Outfitters reported earnings and same-store sales for the second quarter that beat analyst expectations, while revenue fell short.
Source: CNBC - 🏆 12. / 72 Read more »

Baidu has lost over $60 billion in value since its peak — now earnings are expected to fall furtherBaidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit. Undervalued deserved I need to read about this, it’s baffling losing that much and expected to lose even more
Source: CNBC - 🏆 12. / 72 Read more »