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Nordson narrows FY24 EPS view to $9.45-$9.65 from $9.35-$9.75, consensus $9.51

Nordson narrows FY24 EPS view to $9.45-$9.65 from $9.35-$9.75, consensus $9.51

The Company is entering the fourth quarter of fiscal 2024 with approximately $650 million in backlog, which continues to normalize and remain concentrated in systems businesses. Based on current visibility and order entry trends, the Company is increasing its full-year revenue guidance range to $2,665 million – $2,705 million, inclusive of revenue from the Atrion acquisition in the fiscal fourth quarter. The Company is tightening full-year adjusted earnings per diluted share to the range of $9.45 – $9.65, unchanged at the midpoint, though now inclusive of the slightly dilutive Atrion impact in the fiscal fourth quarter.

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