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H.B. Fuller Company (FUL)
NYSE:FUL
Holding FUL?
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Earnings Data
Report Date
Jan 15, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.23Last Year’s EPS
$1.32Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Sep 25, 2024
|% Change Since: -15.23%
|Next Earnings Date:Jan 15, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in certain segments like Construction Adhesives and successful strategic acquisitions. However, challenges in the Engineering Adhesives segment, especially in clean energy, and a cautious outlook for the year indicate mixed results. The sentiment is balanced with strong strategic positioning offset by sector-specific challenges.Company Guidance
During the H.B. Fuller Third Quarter 2024 Earnings Conference Call, the company provided updated guidance indicating a modest outlook amidst challenging market conditions. Despite achieving a 6% year-on-year growth in adjusted EBITDA to $165 million and expanding the adjusted EBITDA margin by 70 basis points to 18%, the company adjusted its full-year forecast. The updated 2024 guidance anticipates net revenue growth of approximately 2%, with adjusted EBITDA expected between $610 million to $620 million, reflecting a 5% to 7% increase year-on-year. Additionally, full-year adjusted diluted EPS is projected in the range of $4.10 to $4.20, representing a growth of 6% to 9%. The strategic focus remains on enhancing operating efficiency, restructuring, and capitalizing on acquisitions to drive long-term growth, with an adjusted EBITDA margin target of over 20%.EBITDA Margin Expansion
Adjusted EBITDA increased 6% year-on-year to $165 million, with a margin expansion of 70 basis points to 18%.
Construction Adhesives Growth
Organic sales in Construction Adhesives increased 10% year-on-year, driven by strong performance in roofing which grew nearly 25%.
Americas Revenue Growth
Organic revenue in the Americas increased 3% year-on-year, with Construction Adhesives achieving a double-digit increase in organic sales.
Strategic Acquisition
Completion of the acquisition of HS Butyl Limited, expected to contribute $23 million in annual sales and strengthen the company's position in Europe.
Recognition for Workplace Culture
H.B. Fuller was recognized by Newsweek as one of America's most admired workplaces.
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FUL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FUL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Sep 25, 2024 | $80.41 | $80.52 | +0.14% |
| Jun 26, 2024 | $75.89 | $75.94 | +0.07% |
| Mar 27, 2024 | $81.90 | $79.08 | -3.44% |
| Jan 17, 2024 | $75.89 | $77.20 | +1.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does H.B. Fuller Company (FUL) report earnings?
H.B. Fuller Company (FUL) is schdueled to report earning on Jan 15, 2025, TBA Not Confirmed.
What is H.B. Fuller Company (FUL) earnings time?
H.B. Fuller Company (FUL) earnings time is at Jan 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FUL EPS forecast?
FUL EPS forecast for the fiscal quarter 2024 (Q4) is $1.23.
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