Nordson up after raising annual earnings forecast - NDSN News | RalliesNordson up after raising annual earnings forecast
N
NDSN• Nordson raises annual earnings and sales forecast
- Shares of dispensing equipment maker Nordson NDSN.O rise nearly 4% to $320 premarket after the company lifted its annual forecast.
- The company on Wednesday forecast upbeat annual earnings, banking on increased demand for its advanced technology products.
- Nordson lifts FY adjusted profit forecast to between $11.80 and $12 per share, from $11.30 and $11.80 per share in its prior forecast.
- The company raises its annual sales forecast to between $3.04 billion and $3.08 billion, from $2.93 billion and $3.01 billion previously.
- As of the last close, the stock has risen 28.90% year to date.
BURU
•
