Nordson Corporation Reports Fiscal Year 2019 Third Quarter Results
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Nordson Corp. (NDSN) Misses Q3 EPS by 19c, Revenues Miss
August 20, 2019 4:31 PM EDTNordson Corp. (NASDAQ: NDSN) reported Q3 EPS of $1.62, $0.19 worse than the analyst estimate of $1.81. Revenue for the quarter came in at $560 million versus the consensus estimate of $587.74 million.
Sales were $560 millionOperating profit was $130 million, or 23 percent of salesEBITDA was $158 million, or 28 percent of salesGAAP diluted EPS was $1.62Commenting on the third quarter of fiscal year 2019 performance, Michael F. Hilton, President and Chief Executive Officer through July 31, 2019, and now Senior Advisor to the Company, said, The third quarter was weaker than expected, primarily impacted by the ongoing... More
