Nordson Corp. (NDSN: Quote) reported third quarter EPS of $1.03 after the bell Monday, up from $0.82 in the prior year period. The consensus estimate was for EPS of $0.99. Fourth quarter EPS is expected to be between $0.96 and $1.04, compared to the consensus estimate of $0.95.
Nordson gapped open sharply higher Tuesday and climbed during the first half hour of trade, before settling into a range. The stock closed up by 6.07 at $61.07 on strong volume. Nordson has been gaining ground for the past 2 1/2 weeks and surged to a new high for the year.
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by RTT Staff Writer
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