logo
  

H.B. Fuller Q3 Profit Rises

H.B. Fuller Company (FUL) Wednesday reported third-quarter net income of $46.5 million or $0.84 per share, up from $31.6 million or $0.58 per share last year.

Adjusted earnings were $1.06 per share, up from $0.79 per share last year.

Revenues for the quarter rose to $941.2 million from $826.8 million last year.

Analysts polled by Thomson Reuters expected earnings of $1.04 per share and revenues of $944.56 million for the quarter.

Looking forward to full year 2022, the company expects organic revenue growth of 17% to 18% and adjusted earnings of $1.15 to $1.30 per share.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Stocks fluctuated in morning trading on Friday before once again coming under pressure over the course of the afternoon. The major averages extended the sharp pullback seen on Thursday, ending the session at their lowest closing levels since late 2020. Consumer sentiment in the U.S. improved by less than initially estimated in the month of September, according to revised data released by the University of Michigan on Friday. The University of Michigan said the consumer sentiment index for September was downwardly revised to 58.6 from the preliminary estimate of 59.5. Chicago-area business activity unexpectedly contracted in the month of September, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer slumped to 45.7 in September from 52.2 in August, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 51.8.
RELATED NEWS
Follow RTT