H. B. Fuller (FUL) Q1 Earnings and Revenues Surpass Estimates

Financial Performance - H. B. Fuller reported quarterly earnings of $0.54 per share, exceeding the Zacks Consensus Estimate of $0.49 per share, but down from $0.67 per share a year ago, representing an earnings surprise of 10.20% [1] - The company posted revenues of $788.66 million for the quarter, surpassing the Zacks Consensus Estimate by 2.98%, but down from $810.42 million year-over-year [2] - Over the last four quarters, H. B. Fuller has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - H. B. Fuller shares have declined approximately 20.2% since the beginning of the year, compared to a decline of 1.8% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $1.06 on revenues of $881.53 million, and for the current fiscal year, it is $3.97 on revenues of $3.43 billion [7] Industry Context - The Chemical - Specialty industry, to which H. B. Fuller belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact H. B. Fuller’s stock performance [5]