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H. B. Fuller misses 3Q profit forecasts

ST PAUL, Minn. (AP) _ H. B. Fuller Co. (FUL) on Wednesday reported fiscal third-quarter net income of $25.1 million.

The St Paul, Minnesota-based company said it had profit of 49 cents per share. Earnings, adjusted for non-recurring costs, were 65 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The adhesives company posted revenue of $562.9 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $553.7 million.

H. B. Fuller expects full-year earnings in the range of $2.57 to $2.62 per share.

H. B. Fuller shares have risen 18 percent since the beginning of the year. The stock has climbed 24 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FUL at https://www.zacks.com/ap/FUL

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Keywords: H. B. Fuller, Earnings Report

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