Analysts Anticipate HB Fuller Co (NYSE:FUL) to Announce $0.89 Earnings Per Share

Brokerages expect that HB Fuller Co (NYSE:FUL) will report earnings per share of $0.89 for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for HB Fuller’s earnings, with the highest EPS estimate coming in at $0.93 and the lowest estimate coming in at $0.81. HB Fuller reported earnings per share of $0.86 during the same quarter last year, which suggests a positive year-over-year growth rate of 3.5%. The company is expected to announce its next quarterly earnings results on Wednesday, September 25th.

On average, analysts expect that HB Fuller will report full-year earnings of $3.16 per share for the current fiscal year, with EPS estimates ranging from $3.14 to $3.20. For the next fiscal year, analysts anticipate that the business will post earnings of $3.85 per share, with EPS estimates ranging from $3.60 to $4.17. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover HB Fuller.

HB Fuller (NYSE:FUL) last announced its quarterly earnings data on Wednesday, June 26th. The specialty chemicals company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.01). HB Fuller had a net margin of 4.31% and a return on equity of 13.38%. The firm had revenue of $759.60 million during the quarter, compared to analysts’ expectations of $779.07 million. During the same period in the prior year, the company posted $0.89 earnings per share. The company’s revenue for the quarter was down 3.8% on a year-over-year basis.



A number of research analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of in a research report on Friday, June 28th. Zacks Investment Research downgraded shares of ExlService from a “hold” rating to a “sell” rating in a research report on Wednesday. ValuEngine downgraded shares of WideOpenWest from a “hold” rating to a “sell” rating in a research report on Friday, June 28th. Finally, TheStreet downgraded shares of TIM Participacoes from a “b” rating to a “c+” rating in a research report on Tuesday, June 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $57.17.

Institutional investors have recently modified their holdings of the business. Icon Wealth Partners LLC purchased a new position in HB Fuller during the 1st quarter worth $27,000. Investors Research Corp purchased a new position in HB Fuller during the 1st quarter worth $58,000. Advisor Group Inc. grew its position in HB Fuller by 52.8% during the 4th quarter. Advisor Group Inc. now owns 1,497 shares of the specialty chemicals company’s stock worth $64,000 after purchasing an additional 517 shares during the last quarter. Strs Ohio grew its position in HB Fuller by 92.3% during the 1st quarter. Strs Ohio now owns 2,500 shares of the specialty chemicals company’s stock worth $121,000 after purchasing an additional 1,200 shares during the last quarter. Finally, BerganKDV Wealth Management LLC purchased a new position in HB Fuller during the 1st quarter worth $146,000. 98.92% of the stock is currently owned by institutional investors.

Shares of NYSE FUL traded up $0.12 during mid-day trading on Thursday, reaching $45.88. The company had a trading volume of 272,500 shares, compared to its average volume of 387,103. The company has a current ratio of 2.14, a quick ratio of 1.40 and a debt-to-equity ratio of 1.85. The stock has a 50 day simple moving average of $43.93. The stock has a market cap of $2.40 billion, a PE ratio of 15.29, a P/E/G ratio of 1.29 and a beta of 1.59. HB Fuller has a 52-week low of $39.22 and a 52-week high of $59.58.

About HB Fuller

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, and other specialty chemical products worldwide. The company operates through five segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives, and Engineering Adhesives.

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Earnings History and Estimates for HB Fuller (NYSE:FUL)

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