NDSN Stock Recent News

Nordson Corporation (NASDAQ:NDSN ) Q2 2024 Earnings Conference Call May 21, 2024 8:30 AM ET Company Participants Lara Mahoney - Vice President of Investor Relations and Corporate Communications Sundaram Nagarajan - President and Chief Executive Officer Stephen Shamrock - Chief Accounting Officer Conference Call Participants Michael Halloran - Baird James Heaney - Jefferies Matt Summerville - D.A. Davidson Christopher Glynn - Oppenheimer Christopher Dankert - Loop Capital Markets Walter Liptak - Seaport Research Andrew Buscaglia - BNP Paribas Jeffrey Hammond - KeyBanc Capital Markets Operator Thank you for standing by.

Nordson Corp stock (NASDAQ NASDAQ : NDSN), an industrial company that makes dispensing equipment for consumer and industrial adhesives, sealants, polymers, and coatings, saw its stock plunge nearly 10% on Tuesday, May 21, after the company reported its Q2 fiscal 2024 results (fiscal ends in October). The company reported mixed results, with revenues missing and earnings beating the street estimates.

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Nordson's (NDSN) second-quarter fiscal 2024 revenues increase 0.1% due to strong momentum in the Industrial Precision Solutions and Medical and Fluid Solutions segments.

Nordson (NDSN) shares fell sharply in premarket trading Tuesday morning after the industrial equipment maker trimmed its annual sales and earnings outlook amid weakness in electronics orders and agricultural challenges in Europe.

Although the revenue and EPS for Nordson (NDSN) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Nordson (NDSN) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.26 per share a year ago.

On May 20, 2024, Nordson Corp (NDSN, Financial) released its 8-K filing reporting its fiscal second-quarter results for the period ending April 30, 2024. Nordson, a manufacturer of precision dispensing equipment, serves diverse markets including packaging, medical, electronics, and industrial sectors. The company operates through three segments: Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions. Nordson Corp (NDSN, Financial) reported sales of $651 million for the second quarter, slightly above the prior year's $650 million. However, this figure fell short of the analyst estimate of $661.41 million. The company's net income was $118 million, translating to earnings per diluted share of $2.05, which also missed the analyst estimate of $2.24. Adjusted earnings per diluted share were $2.34, down from $2.45 in the prior year. The Industrial Precision Solutions segment saw a 9% increase in sales to $367 million, driven by acquisitions and a 2% or

WESTLAKE, Ohio--(BUSINESS WIRE)--Nordson Corporation (Nasdaq: NDSN) today reported results for the fiscal second quarter ended April 30, 2024. Sales were $651 million, comparable to the prior year's second quarter sales of $650 million. The second quarter 2024 sales included a favorable acquisition impact of 5%, partially offset by an organic sales decrease of 4%. The organic sales decrease was driven by ongoing pressure in electronics product lines, partially offset by growth in industrial coa.