earnings
confidence high
sentiment positive
materiality 0.80
H.B. Fuller Q2 adjusted EPS $1.12 (+20% YoY), revenue $917M (+2.1%); raises FY2024 EBITDA guidance to $620-640M
FULLER H B CO
2024-Q2 EPS reported
$1.45
revenue$1,727,525,000
- Adjusted diluted EPS of $1.12, up 20% YoY; net income of $51M; reported EPS $0.91.
- Net revenue $917M, up 2.1% YoY; organic revenue flat as volume +3.3% offset pricing.
- Adjusted EBITDA $157M (+10% YoY); margin 17.1%, up 120 bps YoY.
- Full-year adjusted EBITDA guidance raised to $620-640M (upper end of prior range).
- Quarter included acquisition of ND Industries and share repurchase of 182,400 shares.