BUZZ- H.B. Fuller shares decline after weaker-than-expected results

Reuters
01-16

** H.B. Fuller Co shares are down 3.3% in early trading Thurs after the adhesive manufacturing and specialty chemical co reported earnings results that disappointed

** H.B. Fuller reported late Wed adjusted qtrly earnings that missed analysts' expectations, while rev was slightly above expectations, based on LSEG data

** In the co's release, Celeste Mastin, H.B. Fuller president and CEO, cited "delays in customer order patterns, particularly in the consumer product goods related market segments (that) shifted price increase realization into fiscal 2025, delaying the offset of higher raw material costs and resulting in margin deterioration."

** The median PT on the stock is $74, based on LSEG data, and the stock was last at $62.02

** Analyst recommendations on the stock include two "strong buy" or "buy" ratings, three "hold" ratings and one "sell" rating, per LSEG

** For the YTD, H.B. Fuller is down about 8%, while the S&P 600 materials index is up 0.5% so far this year

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10