H.B. Fuller Company

+2.54 (+4.29%)
4:00:00 PM EDT: $61.81 +0.03 (+0.05%)
Other Pre-Announcement

H.B. Fuller Reports Second Quarter Fiscal 2022 Results

Published: 06/22/2022 21:03 GMT
H.B. Fuller Company (FUL) - Hb Fuller Reports Second Quarter Fiscal 2022 Results.
Q2 Adjusted Earnings per Share $1.11.
Q2 Earnings per Share $0.86.
Q2 Revenue Rose 20 Percent to $993 Million.
Raw Material and Delivery Costs Are Expected to Continue to Rise As Year Progresses.company Anticipates an Increase of More Than 20% for Full Year Versus Q4 2021 Exit Rate.
Has Implemented Annualized Price Adjustments of Approximately $330 Million in First Half of 2022.
Planning Additional Annualized Increases of Over $175 Million in Q3.
Total Pricing Actions Are Anticipated to More Than Offset Raw Material and Delivery Cost Increases.
FY Adjusted EPS is Expected to Be in Range of $4.10 to $4.35, an Increase of Between 18% and 25% Versus Fiscal Year 2021.
Hb Fuller - Sees FY Adjusted Earnings per Share Between $4.10 to $4.35 .
Hb Fuller - Sees FY Adjusted EBITDA in Range of $530 to $550 Million .
Q2 Earnings per Share View $1.07, Revenue View $966.4 Million -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $4.20 -- Refinitiv Ibes Data (analyst estimates).
Further Company Coverage: .