Industrial equipment maker Nordson's Q4 sales miss estimates

Reuters12-11
Industrial equipment maker Nordson's Q4 sales miss estimates

Overview

  • Precision technology firm's Q4 sales rose 1% but missed analyst expectations

  • Adjusted EPS for Q4 beat analyst expectations

Outlook

  • Nordson forecasts fiscal 2026 sales between $2.83 bln and $2.95 bln

  • Company expects fiscal 2026 adjusted EPS between $10.80 and $11.50

  • Nordson sees Q1 fiscal 2026 sales between $630 mln and $670 mln

Result Drivers

  • CURRENCY AND ACQUISITIONS - Q4 sales growth of 1% was driven by favorable currency translation and acquisitions, offset by divestiture and organic sales decrease

  • SEGMENT PERFORMANCE - Industrial Precision Solutions sales decreased 2% due to weakness in polymer processing systems, while Medical and Fluid Solutions grew 10% driven by product line growth

  • ADJUSTED EPS GROWTH - Adjusted EPS increased 9% year-over-year, attributed to operational efficiency and strategic divestitures

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Miss

$751.82 mln

$765.40 mln (9 Analysts)

Q4 Adjusted EPS

Beat

$3.03

$2.93 (8 Analysts)

Q4 EPS

$2.69

Q4 Net Income

$151.63 mln

Q4 Gross Margin

56.30%

Q4 Operating Profit

$214.26 mln

Q4 Pretax Profit

$182.90 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

  • Wall Street's median 12-month price target for Nordson Corp is $252.00, about 8% above its December 9 closing price of $233.44

  • The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw4QGLpCa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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