Recap: H.B. Fuller Q1 Earnings

H.B. Fuller FUL reported its Q1 earnings results on Wednesday, March 23, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

H.B. Fuller beat estimated earnings by 9.59%, reporting an EPS of $0.8 versus an estimate of $0.73.

Revenue was up $130.58 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 0.86% drop in the share price the next day.

Here's a look at H.B. Fuller's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.08	0.79	0.92	0.47
EPS Actual	1.09	0.79	0.94	0.66
Revenue Estimate	896.95M	797.48M	764.37M	680.10M
Revenue Actual	897.42M	826.83M	827.87M	725.90M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

H.B. Fuller management provided guidance for their next quarter, expecting earnings between $4.1 and $4.35 per share for the next quarter.

This represents a 428.12% in quarter-over-quarter growth for H.B. Fuller, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.