WESTLAKE, Ohio (AP) — WESTLAKE, Ohio (AP) — Nordson Corp. (NDSN) on Wednesday reported fiscal fourth-quarter net income of $151.6 million.
On a per-share basis, the Westlake, Ohio-based company said it had profit of $2.69. Earnings, adjusted for one-time gains and costs, came to $3.03 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.93 per share.
The maker of adhesives and industrial coatings posted revenue of $751.8 million in the period.
For the year, the company reported profit of $484.5 million, or $8.51 per share. Revenue was reported as $2.79 billion.
For the current quarter ending in January, Nordson expects its per-share earnings to range from $2.25 to $2.45.
The company said it expects revenue in the range of $630 million to $670 million for the fiscal first quarter.
Nordson expects full-year earnings in the range of $10.80 to $11.50 per share, with revenue ranging from $2.83 billion to $2.95 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NDSN at https://www.zacks.com/ap/NDSN
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