In This Article:
Nordson (NASDAQ:NDSN) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.69b (up 2.3% from FY 2023).
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Net income: US$467.3m (down 4.1% from FY 2023).
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Profit margin: 17% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: US$8.17 (down from US$8.54 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nordson EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%.
Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in the US.
Performance of the American Machinery industry.
The company's shares are down 10% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Nordson that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.