H.B. Fuller (FUL) Tops Q3 EPS by 1c, Offers Guidance

H.B. Fuller (NYSE: FUL) reported Q3 EPS of $1.26, $0.01 better than the analyst estimate of $1.25. Revenue for the quarter came in at $892 million versus the consensus estimate of $896.55 million.

GUIDANCE:

H.B. Fuller sees FY2025 EPS of $4.10-$4.25, versus the consensus of $4.16.

• Net revenue for fiscal 2025 is expected to be down 2% to 3%; organic revenue for fiscal 2025 is now expected to be flat to up 1%; we now expect foreign exchange to adversely impact net revenue by approximately 1.0%;
• Adjusted EBITDA for fiscal 2025 is now expected to be in the range of $615 million to $625 million, equating to growth of 4% to 5% year-on-year;
• Adjusted EPS (diluted) is now expected to be in the range of $4.10 to $4.25, equating to growth of 7% to 11% year-on-year;
• Cash flow from operations is now expected to be in the range of $275 million to $300 million and capital expenditures are now expected to be approximately $140 million for the year;
• We now expect net interest expense for the year to be approximately $125 million to $130 million and the full year adjusted tax rate to be between 26.0% and 26.5%.

For earnings history and earnings-related data on H.B. Fuller (FUL) click here.

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