We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Nordson (NDSN) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
In its upcoming report, Nordson (NDSN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.36 per share, reflecting an increase of 14.6% compared to the same period last year. Revenues are forecasted to be $650.83 million, representing a year-over-year increase of 5.8%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Nordson metrics that are routinely monitored and predicted by Wall Street analysts.
According to the collective judgment of analysts, 'Net Sales- Industrial Precision Solutions' should come in at $308.50 million. The estimate indicates a year-over-year change of +2.7%.
Analysts predict that the 'Net Sales- Advanced Technology Solutions' will reach $138.00 million. The estimate points to a change of +13.7% from the year-ago quarter.
Analysts expect 'Net Sales- Medical and Fluid Solutions' to come in at $204.00 million. The estimate points to a change of +5.4% from the year-ago quarter.
Based on the collective assessment of analysts, 'Operating profit (loss)- Advanced Technology Solutions' should arrive at $24.00 million. Compared to the present estimate, the company reported $18.12 million in the same quarter last year.
The combined assessment of analysts suggests that 'Operating profit (loss)- Medical and Fluid Solutions' will likely reach $58.50 million. The estimate compares to the year-ago value of $40.94 million.
The consensus among analysts is that 'Operating profit (loss)- Industrial Precision Solutions' will reach $102.00 million. The estimate compares to the year-ago value of $95.71 million.
Over the past month, Nordson shares have recorded returns of +10.5% versus the Zacks S&P 500 composite's -0.3% change. Based on its Zacks Rank #3 (Hold), NDSN will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
Image: Bigstock
Nordson (NDSN) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
In its upcoming report, Nordson (NDSN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.36 per share, reflecting an increase of 14.6% compared to the same period last year. Revenues are forecasted to be $650.83 million, representing a year-over-year increase of 5.8%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Nordson metrics that are routinely monitored and predicted by Wall Street analysts.
According to the collective judgment of analysts, 'Net Sales- Industrial Precision Solutions' should come in at $308.50 million. The estimate indicates a year-over-year change of +2.7%.
Analysts predict that the 'Net Sales- Advanced Technology Solutions' will reach $138.00 million. The estimate points to a change of +13.7% from the year-ago quarter.
Analysts expect 'Net Sales- Medical and Fluid Solutions' to come in at $204.00 million. The estimate points to a change of +5.4% from the year-ago quarter.
Based on the collective assessment of analysts, 'Operating profit (loss)- Advanced Technology Solutions' should arrive at $24.00 million. Compared to the present estimate, the company reported $18.12 million in the same quarter last year.
The combined assessment of analysts suggests that 'Operating profit (loss)- Medical and Fluid Solutions' will likely reach $58.50 million. The estimate compares to the year-ago value of $40.94 million.
The consensus among analysts is that 'Operating profit (loss)- Industrial Precision Solutions' will reach $102.00 million. The estimate compares to the year-ago value of $95.71 million.
View all Key Company Metrics for Nordson here>>>Over the past month, Nordson shares have recorded returns of +10.5% versus the Zacks S&P 500 composite's -0.3% change. Based on its Zacks Rank #3 (Hold), NDSN will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .