H.B. Fuller Reports First Quarter 2015 Results
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March 27, 2015 7:53 AM EDT
Piper Jaffray analyst Mike Ritzenthaler reiterated a Neutral rating and trimmed his price target on HB Fuller (NYSE: FUL) to $44.00 (from $45.00) following the companys fiscal 1Q15 earnings report, which included $0.30 in EPS (versus guidance of $0.35 and the firm's estimate of $0.38) on $471 million in... More
March 26, 2015 6:12 AM EDT
H.B. Fuller (NYSE: FUL) reported Q1 EPS of $0.30, $0.19 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $470.7 million versus the consensus estimate of $485.98 million.
Fiscal 2015 Outlook:
The current global operating environment is very dynamic so we are making adjustments to our operating plan to mitigate the negative trends and take advantage of other emerging opportunities. At the beginning of the year we communicated an adjusted diluted EPS target of $2.60 for 2015 and we are confirming the EPS target of $2.60 at this time. Although the full-year... More
