earnings
confidence high
sentiment positive
materiality 0.80
H.B. Fuller Q3 adjusted EPS $1.06 (+34% YoY); raises FY adj. EBITDA view to $540-550M
FULLER H B CO
2022-Q3 EPS reported
$2.39
revenue$2,790,969,000
- Net revenue $941.2M, +13.8% YoY; organic revenue +18.4% driven by pricing actions.
- Reported EPS $0.84; adjusted EPS $1.06, up 34.2% YoY; adjusted EBITDA $137.7M (+24.4%).
- Gross margin expanded 280 bps to 26.5% on pricing execution and operating efficiencies.
- FY2022 adj. EBITDA guidance raised to $540-550M (prior $530-550M); Q4 adj. EPS guided $1.15-1.30.
- Segment organic growth: Hygiene/Health/Consumable +22.9%, Engineering +17.5%, Construction +6.9%.