WESTLAKE, Ohio (AP) — WESTLAKE, Ohio (AP) — Nordson Corp. (NDSN) on Wednesday reported fiscal first-quarter earnings of $94.7 million.
The Westlake, Ohio-based company said it had profit of $1.65 per share. Earnings, adjusted for non-recurring costs, came to $2.06 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.08 per share.
The maker of adhesives and industrial coatings posted revenue of $615.4 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $636.3 million.
For the current quarter ending in April, Nordson expects its per-share earnings to range from $2.30 to $2.50.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NDSN at https://www.zacks.com/ap/NDSN
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.