ST PAUL, Minn. (AP) _ H. B. Fuller Co. (FUL) on Wednesday reported fiscal second-quarter earnings of $31.6 million.
On a per-share basis, the St Paul, Minnesota-based company said it had profit of 61 cents. Earnings, adjusted for non-recurring costs, were 68 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
The adhesives company posted revenue of $674.6 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $664.2 million.
H. B. Fuller shares have decreased 20% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $41.11, a decrease of slightly more than 8% in the last 12 months.