HB Fuller Co. (FUL) Wednesday reported a rise in profit for the first quarter, helped mainly by higher revenues.
Net income attributable to H.B. Fuller increased to $20.68 million or $0.41 per share from $15.31 million or $0.30 per share in the same period last year.
Income from continuing operations totaled $20.77 million or $0.41 per share, compared to $13.61 million or $0.27 per share last year.
Adjusted earnings from continuing operations was $0.49 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.50 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues improved 39 percent to $479.84 million from $345.45 million last year. Analysts expected revenues of $472.92 million.
Looking ahead to the fiscal year 2013, the company has forecast earnings in the range of $2.55 to $2.65 per share. Analysts expect full-year earnings of $2.63 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.