** 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))
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