Nordson Q3 Profit Shrinks - Quick Facts

(RTTNews) - Nordson Corp. (NDSN) Thursday reported third-quarter profit of $65.42 million or $1.01 per share, down from $66.69 million or $1.03 per share in the comparable quarter last year.

Adjusted earnings for the quarter was $0.99 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $1.05 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $402.96 million from $379.87 million last year. Analysts expected revenues of $413.32 million.

Looking ahead to the fourth quarter, the company has forecast earnings in the range of $0.87 to $0.98 per share, with sales ranging between $391 million and $408 million. Analysts currently expect the company to earn $1.15 per share on fourth-quarter revenues of $445.07 million.