Upgrade to SI Premium - Free Trial

H.B. Fuller (FUL) Tops Q4 EPS by 21c, Revenues Beat

January 25, 2021 4:08 PM

H.B. Fuller (NYSE: FUL) reported Q4 EPS of $1.06, $0.21 better than the analyst estimate of $0.85. Revenue for the quarter came in at $777.64 million versus the consensus estimate of $734.32 million.

“H.B. Fuller delivered strong results in the quarter with revenue and earnings growth that exceeded our outlook, and cash flow that enabled us to exceed our debt paydown target,” said Jim Owens, H.B. Fuller president and chief executive officer. “Our team remained focused on superior operational execution to support the dynamic needs of our customers in a world transformed by the COVID-19 pandemic. We leveraged our competitive advantages and realized the benefits of actions taken to realign our organization and enhance operational agility. As a result, we successfully capitalized on share gains and strengthening business activity in our end markets, including strong demand for our adhesives for consumable goods, electronics, automotive, recreational vehicles, and other durable goods.”

For earnings history and earnings-related data on H.B. Fuller (FUL) click here.

Categories

Corporate News Earnings Management Comments

Next Articles