Nordson Corp. Reports Earnings; Shares Higher in the After-Hours

Nordson Corp. NDSN, a manufacturer of equipment used for precision material dispensing, testing and inspection, surface preparation and curing, is trading higher in the after-hours trade after the company reported earnings that beat the Street handedly. Nordson said that Q2 EPS came in at $0.94 per share on $251.7 million in revenue. The Street was looking for $0.86 per share on revenue of $242.5 million. Guidance for the upcoming quarter significantly beat the Street estimates as well. NDSN said that EPS would be in the range of $1.08-1.18 on revenue of $259-267 million. The Street consensus is at $0.91 per share on revenue of $254.45 million. The company’s order rating for the 12-week period endng May 16th was high by 43%. Shares are higher by 5.05% in the after-hours, currently at $66.00.