Yahoo Finance H.B. Fuller First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
H.B. Fuller (NYSE:FUL) First Quarter 2024 Results
Key Financial Results
Revenue: US$810.4m (flat on 1Q 2023).
Net income: US$31.0m (up 42% from 1Q 2023).
Profit margin: 3.8% (up from 2.7% in 1Q 2023).
EPS: US$0.57 (up from US$0.40 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
H.B. Fuller EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 5.0%.
Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for H.B. Fuller that you need to take into consideration.
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