Nordson forecasts 2026 profit above estimates on demand for dispensing, inspection equipment

Dec 10 - Dispensing equipment maker Nordson NDSN.O forecast 2026 profit above Wall Street's estimates on Wednesday, banking on increasing demand for its advanced technology products.

The Westlake, Ohio-based company expects FY26 adjusted profit to be between $10.80 and $11.50 per share, the mid-point of which is above analysts' estimates of $11.08, according to data compiled by LSEG.

Shares of the company were up more than 3% in after-hours trading.

"As several of our end markets begin to inflect, we are entering the fiscal year optimistic to deliver solid growth in 2026," CEO Sundaram Nagarajan said.

The company said it was entering 2026 with approximately $600 million in backlog, up 5% from the prior year-end.

Nordson designs and makes specialized equipment that precisely applies and controls materials like adhesives, coatings, polymers, sealants and biomaterials. It also makes systems that test product quality and treat or cure surfaces, as well as equipment used in the production of medical devices and components.

It expects to deliver 2026 sales in the range of $2.83 billion to $2.95 billion. Analysts on average were expecting $2.93 billion.

Nordson reported fourth-quarter adjusted earnings of $3.03 per share, beating estimates of $2.93 per share.

Its total quarterly sales were $751.8 million, below estimates of $761.5 million.