HB Fuller Co (FUL) reported a profit for its second quarter that increased from last year.
The company's bottom line totaled $44.45 million, or $0.86 per share. This compares with $25.87 million, or $0.50 per share, in last year's second quarter.
Excluding items, HB Fuller Co reported adjusted earnings of $46.38 million or $0.89 per share for the period.
Analysts had expected the company to earn $0.85 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 40.5% to $789.39 million from $561.65 million last year.
HB Fuller Co earnings at a glance:
-Earnings (Q2): $46.38 Mln. vs. $31.80 Mln. last year.
-EPS (Q2): $0.89 vs. $0.62 last year.
-Analysts Estimate: $0.85
-Revenue (Q2): $789.39 Mln vs. $561.65 Mln last year.
-Guidance:
Full year EPS guidance: $3.15 to $3.40
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