NASDAQ$NDSN
Nordson Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Nordson's Q3 2020 performance was impacted by organic sales decrease offset by Fluortek acquisition and unfavorable currency impacts.
Nordson Corporation reported a 4% year-over-year decrease in sales, totaling $538 million for the third quarter of fiscal year 2020. Earnings per diluted share were $1.49, while adjusted earnings per diluted share were $1.42, a 12% decrease from the prior year. The sales decrease was primarily organic, with the acquisition of Fluortek being offset by unfavorable currency impacts.
- Sales were $538 million, a 4% year-over-year decrease.
- Operating profit was $112 million, or 21% of sales.
- EBITDA was $148 million, or 28% of sales.
- Earnings were $1.49 per diluted share.
Headline financials
Revenue & EPS history
Nordson · Revenue · Quarterly
$538M
Revenue by segment
Nordson · $538M total across 2 segments · Q3 2020
- Industrial Precision Solutions$289M-5.8%53.7%
- Advanced Technology Solutions$249M-1.5%46.3%
Forward guidance
The company expects fiscal fourth quarter revenue to be commensurate with to slightly better than fiscal third quarter revenue based on the current order entry trends and order backlog. Operating profit is forecasted to improve modestly in the fiscal fourth quarter compared to the third quarter, as cost reduction initiatives begin to deliver benefits.
Tailwinds
- Revenue expected to be commensurate with or slightly better than Q3
- Order entry trends are stable
- Order backlog is $423 million
- Operating profit forecasted to improve modestly
- Cost reduction initiatives expected to deliver benefits
Headwinds
- Short-term environment remains difficult to predict
- Macro-economic environment is challenging
- Sales decreased 4% year-over-year
- Adjusted earnings per diluted share decreased 12% from prior year
- Organic volume declines
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
+0.3%
Avg return
Earnings day
+0.2%
Avg return
5 days after
-0.5%
Avg return
30 days after
54%
37 / 69 earnings
Positive
+15.8%
Q4 2017
Best reaction
-14.8%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +1.8% | — | — | |
| Q1 2026 | -1.7% | -1.5% | -12.2% | |
| Q4 2025 | -0.3% | +0.0% | +10.5% | |
| Q3 2025 | +2.9% | +6.0% | +5.4% | |
| Q2 2025 | +6.8% | +8.5% | +9.9% | |
| Q1 2025 | +0.3% | -1.3% | -6.4% | |
| Q4 2024 | -9.4% | -11.4% | -20.9% | |
| Q3 2024 | +6.9% | +7.4% | +6.7% | |
| Q2 2024 | -10.5% | -12.4% | -14.5% | |
| Q1 2024 | +3.5% | +2.6% | +1.7% | |
| Q4 2023 | +5.1% | +7.1% | +5.8% | |
| Q3 2023 | +1.5% | +2.7% | -2.0% | |
| Q2 2023 | +1.1% | +1.7% | +8.8% | |
| Q1 2023 | -13.9% | -10.5% | -15.6% | |
| Q4 2022 | +1.5% | -2.1% | +2.3% | |
| Q3 2022 | -2.1% | -4.7% | -10.4% | |
| Q2 2022 | +2.7% | +7.1% | -3.8% | |
| Q1 2022 | -3.5% | -0.9% | -1.1% | |
| Q4 2021 | -5.9% | -7.2% | -9.9% | |
| Q3 2021 | +2.2% | +3.4% | +4.0% | |
| Q2 2021 | +7.4% | +9.8% | +8.0% | |
| Q1 2021 | -0.0% | +2.4% | +6.3% | |
| Q4 2020 | -2.9% | -0.5% | +1.2% | |
| Q3 2020 | -7.1% | -8.5% | -6.6% | |
| Q2 2020 | +1.7% | +1.0% | +12.4% | |
| Q1 2020 | -0.3% | -4.6% | -37.9% | |
| Q4 2019 | -1.6% | -0.5% | -1.2% | |
| Q3 2019 | -3.0% | -4.6% | +5.9% | |
| Q2 2019 | -1.0% | -5.4% | -1.6% | |
| Q1 2019 | -3.0% | -0.5% | -8.1% | |
| Q4 2018 | +7.7% | +3.7% | +10.9% | |
| Q3 2018 | -0.9% | +0.7% | +7.1% | |
| Q2 2018 | -4.2% | -5.5% | -3.3% | |
| Q1 2018 | -2.0% | -1.3% | -3.9% | |
| Q4 2017 | +15.8% | +14.5% | +19.5% | |
| Q3 2017 | -10.2% | -12.3% | -5.3% | |
| Q2 2017 | -5.9% | -7.6% | -8.2% | |
| Q1 2017 | +0.1% | +0.5% | +2.0% | |
| Q4 2016 | +5.2% | +7.2% | +7.0% | |
| Q3 2016 | +10.6% | +8.0% | +7.1% | |
| Q2 2016 | +15.7% | +16.8% | +12.2% | |
| Q1 2016 | +9.1% | — | — | |
| Q4 2015 | -8.1% | — | — | |
| Q3 2015 | -14.8% | — | — | |
| Q2 2015 | -1.4% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | +2.3% | — | — | |
| Q3 2014 | +0.8% | — | — | |
| Q2 2014 | +9.2% | — | — | |
| Q1 2014 | +2.0% | — | — | |
| Q4 2013 | -2.3% | — | — | |
| Q3 2013 | +0.1% | — | — | |
| Q2 2013 | -7.4% | — | — | |
| Q1 2013 | -9.8% | — | — | |
| Q4 2012 | -1.4% | — | — | |
| Q3 2012 | +10.6% | — | — | |
| Q2 2012 | +10.5% | — | — | |
| Q1 2012 | +5.0% | — | — | |
| Q4 2011 | -1.9% | — | — | |
| Q3 2011 | -3.0% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q1 2010 | +1.5% | — | — | |
| Q1 2011 | +3.3% | — | — | |
| Q2 2010 | +2.1% | — | — | |
| Q4 2010 | +2.1% | — | — | |
| Q4 2008 | +2.1% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q3 2009 | +0.2% | — | — | |
| Q3 2010 | +0.2% | — | — |
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