WESTLAKE, Ohio (AP) — WESTLAKE, Ohio (AP) — Nordson Corp. (NDSN) on Wednesday reported fiscal first-quarter earnings of $94.7 million.
The Westlake, Ohio-based company said it had profit of $1.65 per share. Earnings, adjusted for non-recurring costs, came to $2.06 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.08 per share.
The maker of adhesives and industrial coatings posted revenue of $615.4 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $636.3 million.
For the current quarter ending in April, Nordson expects its per-share earnings to range from $2.30 to $2.50.
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