H. B. Fuller: Fiscal Q1 Earnings Snapshot
ST PAUL, Minn. (AP) _ H. B. Fuller Co. (FUL) on Wednesday reported fiscal first-quarter profit of $38.3 million.
On a per-share basis, the St Paul, Minnesota-based company said it had net income of 69 cents. Earnings, adjusted for one-time gains and costs, came to 80 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
The adhesives company posted revenue of $856.5 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $817 million.
H. B. Fuller expects full-year earnings in the range of $4.10 to $4.35 per share.
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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 FUL at https://www.zacks.com/ap/FUL
