H.B. Fuller Reports Third Quarter 2019 Results

Go back to H.B. Fuller Reports Third Quarter 2019 Results

Buckingham Research Reiterates Buy Rating on HB Fuller (FUL)

September 26, 2019 8:22 AM EDT

Buckingham Research analyst Dmitry Silversteyn reiterated a Buy rating and $60.00 price target on HB Fuller (NYSE: FUL) following the company's 3Q earnings report. FUL delivered adjusted EPS of $0.86 which fell below street expectations of $0.90 but in-line with Buckingham Research's estimate.

F2019 top-line guidance... More

H.B. Fuller (FUL) Misses Q3 EPS by 3c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus

September 25, 2019 4:08 PM EDT

H.B. Fuller (NYSE: FUL) reported Q3 EPS of $0.86, $0.03 worse than the analyst estimate of $0.89. Revenue for the quarter came in at $725.38 million versus the consensus estimate of $748.63 million.

Items of Note for Third Quarter 2019:

Net income was $50 million or $0.97 per diluted share (EPS), and adjusted net income was $44 million1, or $0.861 of EPS;Adjusted EBITDA was $116 million1 and adjusted EBITDA margin of 16%1 increased by 40 basis points year over year;Gross margin was 28.6% and adjusted gross margin of 28.8%4 increased by 40 basis points year over year;$97... More