H.B. Fuller (NYSE:FUL) reported its Q1 earnings results on Wednesday, March 23, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
H.B. Fuller beat estimated earnings by 9.59%, reporting an EPS of $0.8 versus an estimate of $0.73.
Revenue was up $130.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 0.86% drop in the share price the next day.
Here's a look at H.B. Fuller's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.08 | 0.79 | 0.92 | 0.47 |
| EPS Actual | 1.09 | 0.79 | 0.94 | 0.66 |
| Revenue Estimate | 896.95M | 797.48M | 764.37M | 680.10M |
| Revenue Actual | 897.42M | 826.83M | 827.87M | 725.90M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
H.B. Fuller management provided guidance for their next quarter, expecting earnings between $4.1 and $4.35 per share for the next quarter.
This represents a 428.12% in quarter-over-quarter growth for H.B. Fuller, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
