H.B. Fuller’s Earnings Miss Estimates, FY24 Outlook Lowered

H.B. Fuller Company (FUL) saw its shares drop in premarket trading after the company reported disappointing third-quarter results and lowered its full-year guidance. Revenue missed expectations, while organic revenue growth was muted due to pricing adjustments. Despite gross profit and EBITDA improvements, adjusted EPS fell short of forecasts, prompting a reduction in the company’s FY24 outlook.

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