HB’s higher earnings are imminent; These More Accurate Analysts Revise Forecasts Ahead of Earnings Forecast – HB Fuller (NYSE:FUL)

H. B. Fuller Company BUSINESS SUIT is expected to release earnings results for the first quarter, after the close of March 28, 2024.

Analysts expect the Saint Paul, Minnesota-based company to report quarterly earnings of 64 cents per share, up from 55 cents per share in the same period a year ago. HB Fuller is expected to report quarterly revenue of $825.03 million, according to data from Benzinga Pro.

On January 17, HB Fuller posted better-than-expected earnings for its fourth quarter.

HB Fuller shares gained 0.7% to close at $80.36 on Tuesday.

Benzinga readers can access the latest analyst ratings at Analyst stock ratings page. Readers can sort by stock title, company name, analyst firm, rating change or other variables.

Let’s look at how Benzinga is more accurate analysts rated the company in the recent period.

  • Baird Analyst Ghansham Panjabi reiterated a Neutral rating with a price target of $80 on January 19, 2024. This analyst has an accuracy rate of 68%.
  • Stifel analyst Vincent Anderson maintained a Buy rating and raised the price target from $110 to $115 on January 19, 2024. This analyst has an accuracy rate of 73%.
  • JP Morgan analyst Jeffrey Zekauskas maintained an Underweight rating and cut the price target from $66 to $60 on June 30, 2023. This analyst has an accuracy rate of 71%.

Read this next: Jim Cramer says not to sell this beauty brand, believes KKR and Blackstone ‘can make more money’

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *