H.B. Fuller Reports Fourth Quarter and Fiscal Year 2018 Results
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H.B. Fuller (FUL) Misses Q4 EPS by 9c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus
January 16, 2019 4:08 PM ESTH.B. Fuller (NYSE: FUL) reported Q4 EPS of $0.90, $0.09 worse than the analyst estimate of $0.99. Revenue for the quarter came in at $768 million versus the consensus estimate of $806.96 million.
"Our strategy to gain share in Engineering Adhesives, manage margins through effective pricing and leverage acquisition synergies continues to drive success at H.B. Fuller," said Jim Owens, president and chief executive officer. "We achieved solid organic revenuegrowth in the quarter driven by pricing gains and double-digit growth in Engineering Adhesives. Foreign currency exchange rates and slower growth in China impacted our results... More
