Nordson Corp (NDSN) revealed earnings for second quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $109.6 million, or $1.88 per share. This compares with $124.1 million, or $2.12 per share, in last year's second quarter.
Excluding items, Nordson Corp reported adjusted earnings of $142.1 million or $2.43 per share for the period.
Analysts on average had expected the company to earn $2.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.8% to $635.4 million from $589.5 million last year.
Nordson Corp earnings at a glance (GAAP) :
-Earnings (Q2): $109.6 Mln. vs. $124.1 Mln. last year.
-EPS (Q2): $1.88 vs. $2.12 last year.
-Analyst Estimates: $2.29
-Revenue (Q2): $635.4 Mln vs. $589.5 Mln last year.
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