Core Insights - H.B. Fuller Company reported third-quarter adjusted earnings that slightly exceeded expectations, but shares dropped over 2% pre-market due to light revenue and tightened full-year guidance [1] Financial Performance - Adjusted earnings per share were $1.26, reflecting a 12% year-on-year increase and a penny above consensus [2] - Revenue for the quarter was $892 million, falling short of the $896.55 million estimate and down 2.8% from the previous year; excluding the flooring divestiture, revenue increased by 1.6% [2] - Adjusted EBITDA rose by 3% to $171 million, with a margin expansion of 110 basis points to 19.1%, attributed to favorable pricing, lower raw material costs, and efficiency initiatives [2] Guidance and Outlook - The company narrowed its full-year outlook, guiding adjusted EPS to a range of $4.10–$4.25 [3] - It forecasted a net revenue decline of 2%–3% for fiscal 2025, with organic revenue expected to be flat to up 1% [3]