Nordson (NASDAQ:NDSN) reported its Q1 earnings results on Tuesday, February 22, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Nordson beat estimated earnings by 8.38%, reporting an EPS of $2.07 versus an estimate of $1.91.
Revenue was up $82.60 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.21 which was followed by a 7.53% drop in the share price the next day.
Here's a look at Nordson's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.09 | 2.06 | 1.64 | 1.06 |
| EPS Actual | 1.88 | 2.42 | 2.12 | 1.32 |
| Revenue Estimate | 617.45M | 602.66M | 547.98M | 509.88M |
| Revenue Actual | 599.25M | 646.86M | 589.54M | 526.57M |
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
Nordson management provided guidance for their next quarter, expecting earnings between $2.2 and $2.3 per share for the next quarter.
This represents a 8.7% in quarter-over-quarter growth for Nordson, 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.
