Nordson Corporation (NASDAQ:NDSN) is reporting third quarter financial results on Wednesday 19th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, NDSN is expected to report 3Q20 income of $ 1.34 per share from revenue of $ 503.38 million.
For the full year, analysts anticipate top line of $ 2076.99 million, while looking forward to income of $ 5.41 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,214.00 million ~ $ 2,258.00 million, where as bottomline are predicted in a range of $ 5.91 ~ $ 6.14 per share
Click Here For More Historical Outlooks Of Nordson Corporation
Previous Quarter Performance
Nordson Corporation disclosed income for the second quarter of $ 1.58 per share, from the revenue of $ 529.00 million. The quarterly earnings elevated 2.60 percent compared with the same quarter last year. According to street consensus, NDSN was expected to report 2Q20 income of $ 1.30 per share from revenue of $ 505.29 million. The bottom line results beat street analysts by $ 0.28 or 21.54 percent, at the same time, top line results outshined analysts by $ 23.71 million or 4.69 percent.
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Stock Performance
According to the previous trading day, closing price of NDSN was $ 205.66, representing a 113.21 % increase from the 52 week low of $ 96.46 and a 1.3 % decrease over the 52 week high of $ 208.37.
The company has a market capital of $ 11.86 billion and is part of the Industrials sector and Diversified Industrials industry.
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Recent Stock Dividend Announcement
On May 12, 2020, the board of directors authorized quarterly dividend of $ 0.38 per share to holders of record as of the close of business on May 26, 2020, with payment date of June 9, 2020 and ex-dividend date on May 22, 2020.
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. Its Adhesive Dispensing Systems segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; automated adhesive dispensing systems used in packaged goods industries; components and systems used in the thermoplastic melt stream; and product assembly systems for use in paper and paperboard converting applications, and manufacturing roll goods, as well as for the assembly of plastic, metal, and wood products. The companys Advanced Technology Systems segment offers automated dispensing systems for the attachment, protection, and coating of fluids, as well as related gas plasma treatment systems for cleaning and conditioning surfaces; precision manual and semi-automated dispensers, minimally invasive interventional delivery devices, plastic molded syringes, cartridges, tips, fluid connection components, tubing, and catheters; and bond testing and automated optical, acoustic microscopy, and x-ray inspection systems for use in semiconductor and printed circuit board industries.
