Nordson Corp. Q3 Earnings Call Preview: Analyzing the Fundamentals, Historical Guidance, and Analyst Estimates

🌥️Introduction:

As Nordson Corp. prepares to report its third-quarter earnings results on August 22, 2023, investors and analysts are eagerly anticipating the release of the company’s financial performance. With a focus on fundamental analysis, historical guidance, and analyst estimates, this article aims to provide readers with valuable insights to understand Nordson Corp.‘s current standing and potential future prospects. Let’s delve into the data and explore what to expect from the upcoming earnings call.

Fundamental Analysis:

	ReportDate	NetIncome	TotalRevenue	DilutedEPS	unit
Q2	2023-04-30	127.6	650.2	2.21	million USD
Q1	2023-01-31	104.3	610.5	1.81	million USD
Q4	2022-10-31	141.2	683.6	2.44	million USD
Q3	2022-07-31	141.8	662.1	2.45	million USD
Q2	2022-04-30	109.6	635.4	1.88	million USD

Examining Nordson Corp.‘s past year financials reveals consistent growth in net income and total revenue, indicating the company’s ability to generate profits and expand its operations. In the last quarter (Q2 2023), Nordson Corp. reported a strong net income of $127.6 million, with total revenue amounting to $650.2 million. This translates to a diluted EPS of $2.21 million, reflecting steady growth.

Technical Analysis:

	since	low	high	change	change%
1D	2023-08-11	241.4	243.4	0.0	0.0
5D	2023-08-07	241.4	248.4	-5.7	-2.3
1M	2023-07-13	241.4	253.4	-5.0	-2.0
3M	2023-05-15	208.9	253.4	25.8	11.9

Nordson Corp.‘s recent stock price performance paints a mixed picture. Over the past month, the stock experienced a decline, with a decrease of 2.0% observed over one month. However, over the three-month period, the stock demonstrated an impressive 11.9% increase. Investors should consider these trends as they evaluate the company’s overall performance leading up to the earnings call.

Historical Guidance:

Reviewing Nordson Corp.‘s historical guidance, we observe that the company’s adjusted EPS estimates for the upcoming quarter have remained consistent over the past three months at $2.33. This indicates a level of confidence in maintaining its performance or meeting market expectations. It is worth noting that 90 days ago, the estimate stood slightly higher at $2.52, suggesting potential adjustments made by analysts in response to changing market dynamics or company-specific factors.

Analysts Estimates:

Examining the consensus estimates from MorningStar, we see that the current adjusted EPS estimate for Nordson Corp. stands at $2.33. This aligns with the estimates made seven days ago, 30 days ago, and 60 days ago. Analysts have maintained their projections, implying a level of stability in their expectations for Nordson Corp.‘s quarterly earnings results. It will be interesting to see if the actual earnings match or exceed these estimates, potentially providing additional confidence in the company’s future prospects.

Conclusion:

As Nordson Corp. approaches its Q3 earnings call, investors and analysts should carefully evaluate the company’s fundamental performance, technical trends, historical guidance, and analyst estimates. The company’s consistent growth in net income and total revenue over the past year, coupled with steady adjusted EPS estimates, provide a solid foundation for optimism among stakeholders.

Investors should pay close attention to Nordson Corp.‘s ability to meet market expectations and potential surprises in its financial performance. The fluctuation in stock price over the past month indicates that market sentiment may have shifted temporarily, but the three-month performance suggests positive investor sentiment in the long run.

Tune in to Nordson Corp.‘s upcoming earnings call on August 22, 2023, at 8:30 AM EST to gain insights directly from the management team on the company’s future strategies, market outlook, and financial results. This event serves as an opportunity to deepen your understanding of Nordson Corp.‘s business operations and evaluate its potential as a long-term investment.

Disclaimer: The information provided in this article is based solely on the provided data and should not be considered as financial advice. Investors should conduct their own research and analysis before making any investment decisions.