Nordson Q4 2024 Earnings Preview

Nordson Corporation (NASDAQ:NDSN) is poised to announce its earnings for the fourth quarter of fiscal 2024 on December 11th, right after the market closes. Investors are keenly awaiting the results as the company has established a solid track record in the past, exceeding expectations in earnings and revenue on several occasions.

Earnings Expectations

The consensus estimate for earnings per share (EPS) stands at $2.59, reflecting an increase of 5.3% compared to the same period last year. Meanwhile, the anticipated revenue for the quarter is estimated to be around $736.79 million, marking a 2.4% year-over-year growth.

Performance Insights

Over the last two years, Nordson has demonstrated a robust performance, beating EPS estimates 75% of the time and achieving revenue estimates 50% of the time. However, recent trends indicate a slight dip in analysts' confidence in the company's future earnings, with no upward revisions to EPS estimates in the last three months and one downward adjustment.

About Nordson Corporation

Nordson Corporation is well-known for its innovation and strategic growth approaches. As the company seeks to enhance its market presence, it has turned to mergers and acquisitions (M&A) to supplement its growth, particularly in areas where organic growth is lagging.

Looking Forward

Investors will closely monitor the upcoming earnings report, paying attention not only to the monetary results but also to management's comments regarding future strategies and market conditions. With its focus on acquisitions and an established history of performance, Nordson stands as a compelling company to follow in the markets.

Nordson, Earnings, Forecast