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H. B. Fuller: Fiscal 3Q Earnings Snapshot

·1 min read

ST PAUL, Minn. (AP) _ H. B. Fuller Co. (FUL) on Wednesday reported fiscal third-quarter net income of $41.6 million.

On a per-share basis, the St Paul, Minnesota-based company said it had profit of 79 cents. Earnings, adjusted for one-time gains and costs, were 76 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The adhesives company posted revenue of $691.5 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $673.2 million.

H. B. Fuller shares have dropped almost 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $46.46, a fall of 2.5% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FUL at https://www.zacks.com/ap/FUL