Stock Track | Nordson Plummets 5.83% After-Hours on Q4 Earnings Miss

Stock Track

2024/12/12

Nordson Corporation (NDSN) shares plunged 5.83% in after-hours trading on Wednesday following the company's disappointing fourth quarter earnings report.

The precision technology solutions company reported fourth quarter earnings per share of $2.12, missing analysts' consensus estimates of $2.59 per share. Operating profit of $178.9 million and pretax profit of $148.1 million also came in below expectations.

While Nordson's Q4 sales of $744.5 million edged past forecasts of $736.4 million, the earnings miss appears to have spooked investors. The company provided Q1 sales guidance of $615-$655 million.

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