Nordson Corporation Reports Record First Quarter Sales, Operating Profit, Diluted Earnings per Share, and EBITDA

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Longbow Research Remains Bullish on Nordson Corp. (NDSN) Following 1Q

February 26, 2018 7:32 AM EST

Longbow Research reiterated a Buy rating and $165.00 price target on Nordson Corp. (NASDAQ: NDSN) following the company's 1Q. Non-GAAP EPS of $1.35 matched consensus and exceeded the midpoint of guidance ($1.29-$1.39).

NDSN guided 2Q GAAP EPS of $1.33-$1.47, ~5% below pre-call consensus for $1.47. Longbow now... More