H.B. Fuller (FUL) Misses Q1 EPS by 1c, Offers Guidance

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Go back to H.B. Fuller (FUL) Misses Q1 EPS by 1c, Offers Guidance

H.B. Fuller Reports First Quarter 2024 Results

March 27, 2024 4:05 PM EDT

Reported EPS (diluted) of $0.55; Adjusted EPS (diluted) of $0.67, up 22% year-on-year

Net income of $31 million; Adjusted EBITDA of $123 million up 12% and Adjusted EBITDA margin up 160 basis points year-on-year

Cash flow from operations increased $42 million year-on-year

ST. PAUL, Minn.--(BUSINESS WIRE)-- H.B. Fuller Company (NYSE: FUL) today reported financial results for its first quarter that ended March 2, 2024.

First Quarter 2024 Noteworthy Items:

Net revenue was $810 million, up slightly year-on-year; organic revenue decreased modestly year-on-year due primarily to... More