RTTNews | Sep 23, 2020 05:06PM EDT

17:05 Wednesday, September 23, 2020 (RTTNews.com) - H.B. Fuller Company (FUL) Wednesday reported third-quarter results that trumped Wall Street estimates.

Net income for the third quarter dropped to $41.6 million or $0.79 per share from $49.7 million or $0.97 per share last year.

Adjusted earnings for the quarter dropped to $0.76 per share from $0.86 per share last year.

Revenues for the quarter dropped 4.7% to $691.5 million from $725.4 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.70 per share on revenues of $674.07 million for the quarter.

Looking forward to the fourth quarter, the company expects revenues to be approximately flat to down 3% year over year. Analysts currently estimate revenues to drop 3.40%.

Read the original article on RTTNews ( https://www.rttnews.com/3130977/h-b-fuller-q3-results-beat-street-view.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved