Investors Ride 4 Earnings Rollercoaster Rides
Nordson Corporation (NASDAQ:NDSN) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 4.72% to $1.01 in the quarter versus EPS of $1.06 in the year-earlier quarter. Revenue Rose 6.09% to $403 million from the year-earlier quarter.
Nordson Corporation reported adjusted EPS income of $1.01 per share. By that measure, the company missed the mean analyst estimate of $1.05. It missed the average revenue estimate of $413.32 million.