HB Fuller Co (FUL) revealed a profit for first quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $13.248 million, or $0.24 per share. This compares with $30.991 million, or $0.55 per share, last year.
Excluding items, HB Fuller Co reported adjusted earnings of $30.00 million or $0.54 per share for the period.
Analysts on average had expected the company to earn $0.50 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.7% to $788.863 million from $810.419 million last year.
HB Fuller Co earnings at a glance (GAAP) :
-Earnings: $13.248 Mln. vs. $30.991 Mln. last year.
-EPS: $0.24 vs. $0.55 last year.
-Revenue: $788.863 Mln vs. $810.419 Mln last year.
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