Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Amended: Nordson Q1 Profit Drops; Guides Q2 - Quick Facts

RELATED NEWS
Trade NDSN now with 

Nordson Corp. (NDSN: Quote) reported that its first-quarter net income was $38.3 million or $0.58 per share, compared to $45.9 million or $0.67 per share in the same quarter last year.

On a non-GAAP basis, earnings per share declined to $0.62 from $0.65 last year. On average, eight analysts expected the company to earn $0.60 per share. Analysts' estimates typically exclude special items.

Net sales for the quarter rose 2 percent to $275.84 million from $270.96 million in the prior year quarter, while six analysts had consensus revenue estimate of $274.16 million for the quarter.

For the second-quarter of fiscal 2012, the company expects earnings to be in the range of $0.83 to $0.91 per share and sales in the range of $313 million to $326 million.

Analysts currently expect the company to report earnings of $0.77 per share and revenues of $316.49 million for the second quarter.

Click here to receive FREE breaking news email alerts for Nordson Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
After moving modestly higher in morning trading, stocks showed a substantial move to the downside over the course of the trading day on Wednesday. The major averages pulled back well off their highs for the session, sliding firmly into negative territory. Ebola "czar" Ron Kain is scheduled to meet with President Barack Obama on Wednesday as he begins his efforts to coordinate the government's response to the deadly disease. Klain, who previously served as chief of staff to Vice President Joe Biden and then-Vice President Al Gore, was named as Ebola Response Coordinator last Friday. Potentially complicating the outlook for control of the Senate, the results of a SurveyUSA poll conducted for WXIA-TV in Atlanta suggest that the Georgia Senate race between Republican David Perdue and Democrat Michelle Nunn could be headed for a runoff.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.