H.B. Fuller Company reports results for the quarter ended February 28 - Earnings Summary

• H.B. Fuller Company FUL.N reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of six analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 42 cents to 54 cents per share.

• Revenue fell 2.7% to $788.66 million from a year ago; analysts expected $769.07 million.

• H.B. Fuller Company's reported EPS for the quarter was 24 cents​.

• The company reported quarterly net income of $13.25 million.

• H.B. Fuller Company shares had fallen by 20.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 32.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the specialty chemicals peer group is also "hold"

Wall Street's median 12-month price target for H.B. Fuller Company is $73.00

This summary was machine generated from LSEG data March 26 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)