The upcoming report from Nordson (NDSN) is expected to reveal quarterly earnings of $2.33 per share, indicating a decline of 0.9% compared to the year-ago period. Analysts forecast revenues of $655.23 million, representing an increase of 1% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Prior to a company's earnings announcem ...

Nordson Corporation (NDSN) recently announced that it has signed a definitive deal to acquire Atrion Corporation (ATRI) for about $460.00 per share in cash. NDSN is expected to fund the transaction through cash on hand and recently issued financial debt. Nordson's shares inched down 1.8% yesterday to eventually close the trading session at $233.58. Based in Allen, TX, Atrion is engaged in manufacturing proprietary medical infusion fluid delivery and niche cardiovascular solutions in the United States. ATRI ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-7977 NORDSON CORPORATION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | Name of Each Exchange | | --- | --- | --- | | Title of Each Class | Trading Symbol(s) | On Which Re ...

UKRAINE - 2021/05/24: In this photo illustration, Nordson Corporation logo is seen displayed on a ... [+] smartphone and pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Nordson Corp stock (NASDAQ NASDAQ : NDSN), an industrial company that makes dispensing equipment for consumer and industrial adhesives, sealants, polymers, and coatings, saw its stock plunge nearly 10% on Tuesday, May 21, after the company reported its Q2 fisc ...

Loading... Loading... The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of ...

Organic sales increased 1.8% from the year-ago fiscal quarter's level. Foreign currency translation had a negative impact of 0.3%. Nordson Corporation's (NDSN) second-quarter fiscal 2024 (ended Apr 30, 2024) adjusted earnings of $2.34 per share surpassed the Zacks Consensus Estimate of $2.30. The bottom line increased 13.3% year over year. Revenue Details Nordson's revenues were $650.6 million, which were up 0.1% from the year-ago fiscal quarter's number due to solid momentum in the Industrial Precision Sol ...

Key Takeaways Nordson (NDSN) shares fell sharply in premarket trading Tuesday morning after the industrial equipment maker trimmed its annual sales and earnings outlook amid weakness in electronics orders and agricultural challenges in Europe. The Westlake, Ohio-based company said it now expects full-year fiscal 2024 net sales growth to come in between flat and up 2%, significantly below its prior forecast of 4% to 7% growth. Analysts had been looking for annual revenue to reach $2.77 billion, representing ...

Nordson (NDSN) reported $650.64 million in revenue for the quarter ended April 2024, representing a year- over-year increase of 0.1%. EPS of $2.34 for the same period compares to $2.26 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $658.35 million, representing a surprise of -1.17%. The company delivered an EPS surprise of +1.74%, with the consensus EPS estimate being $2.30. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Core Insights - Nordson reported quarterly earnings of $2.34 per share, exceeding the Zacks Consensus Estimate of $2.30 per share, and showing an increase from $2.26 per share a year ago, resulting in an earnings surprise of 1.74% [1] - The company posted revenues of $650.64 million for the quarter ended April 2024, which was slightly below the Zacks Consensus Estimate by 1.17%, and a marginal increase from $650.17 million year-over-year [2] - Nordson has surpassed consensus EPS estimates in all four of the last quarters, while it has topped consensus revenue estimates twice during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.74 on revenues of $705.53 million, and for the current fiscal year, it is $10.20 on revenues of $2.76 billion [7] - The trend of estimate revisions for Nordson has been unfavorable leading up to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Manufacturing - General Industrial industry, to which Nordson belongs, is currently ranked in the top 22% of over 250 Zacks industries, suggesting a favorable environment for companies within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Commenting on the Company's fiscal 2024 second quarter results, Nordson President and Chief Executive Officer Sundaram Nagarajan said, "Once again, the teams delivered a solid operating performance, delivering strong gross margins and 31% EBITDA margin. Our sales were in line with management expectations with the IPS and MFS segments delivering organic growth. While we see positive early indicators, our Advanced Technology Solutions segment remains impacted by the electronics cycle. I am pleased with our ab ...