Nordson: Q1 Earnings Insights

Nordson NDSN reported its Q1 earnings results on Tuesday, February 22, 2022 at 04:00 PM.

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

Nordson beat estimated earnings by 8.38%, reporting an EPS of $2.07 versus an estimate of $1.91.

Revenue was up $82.60 million from the same period last year.

Last quarter the company missed on EPS by $0.21 which was followed by a 7.53% drop in the share price the next day.

Here's a look at Nordson's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	2.09	2.06	1.64	1.06
EPS Actual	1.88	2.42	2.12	1.32
Revenue Estimate	617.45M	602.66M	547.98M	509.88M
Revenue Actual	599.25M	646.86M	589.54M	526.57M

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).

Nordson management provided guidance for their next quarter, expecting earnings between $2.2 and $2.3 per share for the next quarter.

This represents a 8.7% in quarter-over-quarter growth for Nordson, 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.

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