H.B. Fuller Company reports results for the quarter ended May 31 - Earnings Summary

• H.B. Fuller Company FUL.N reported quarterly adjusted earnings of $1.18​​ per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.12. The mean expectation of six analysts for the quarter was for earnings of $1.08 per share. Wall Street expected results to range from $1.04 to $1.15 per share.

• Revenue fell 2.1% to $898.10 million from a year ago; analysts expected $899.95 million.

• H.B. Fuller Company's reported EPS for the quarter was 76 cents​.

• The company reported quarterly net income of $41.83 million.

• H.B. Fuller Company shares had risen by 1.4% this quarter and lost 15.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the specialty chemicals peer group is "buy."

• Wall Street's median 12-month price target for H.B. Fuller Company is $63.00, about 11.2% above its last closing price of $55.96

This summary was machine generated from LSEG data June 25 at 09:01 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)