{"id":51521,"date":"2023-08-22T08:48:54","date_gmt":"2023-08-22T12:48:54","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/nordson-stock-drops-7-after-companys-revenue-miss-lowered-guidance\/"},"modified":"2023-08-22T08:48:55","modified_gmt":"2023-08-22T12:48:55","slug":"nordson-stock-drops-7-after-companys-revenue-miss-lowered-guidance","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=51521","title":{"rendered":"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002424373\" role=\"document\">\n<p>Nordson Corp. shares<br \/>\n        NDSN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204377260\/composite\" class=\"negative\">-0.41%<\/bg-quote><br \/>\n       fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal third-quarter revenue that missed estimates, mostly on \u201congoing\u201d weakness in its electronics and biopharma businesses. Nordson earned $128 million, or $2.22 a share, in the quarter, compared with $142 million, or $2.45 a share, in the year-ago period. Adjusted for one-time items, the company earned $2.35 a share. Sales fell 2% to $649 million, Nordson said. Analysts polled by FactSet expected the company to report adjusted EPS of $2.32 on sales of $665 million. Nordson also shrunk its revenue guidance for the year to flat to 2% growth over fiscal 2022, and adjusted EPS between $8.90 and $9.05. The stock ended the regular trading day down 0.4%.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/nordson-stock-drops-7-after-companys-revenue-miss-6aeb0572?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nordson Corp. shares NDSN, -0.41% fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal third-quarter revenue that missed estimates, mostly on \u201congoing\u201d weakness in its electronics and biopharma businesses. Nordson earned $128 million, or $2.22 a share, in the quarter, compared with $142 million, or $2.45 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-51521","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Nordson Corp. shares NDSN, -0.41% fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=51521\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Nordson Corp. shares NDSN, -0.41% fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=51521\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-22T12:48:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-22T12:48:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/MW-GP644_MicroS_ZG_20180906154215.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"742\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=51521#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=51521\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance\",\"datePublished\":\"2023-08-22T12:48:54+00:00\",\"dateModified\":\"2023-08-22T12:48:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=51521\"},\"wordCount\":130,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=51521#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=51521\",\"url\":\"https:\/\/ifintechworld.com\/?p=51521\",\"name\":\"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-22T12:48:54+00:00\",\"dateModified\":\"2023-08-22T12:48:55+00:00\",\"description\":\"Nordson Corp. shares NDSN, -0.41% fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=51521#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=51521\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=51521#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance | iFintechWorld","description":"Nordson Corp. shares NDSN, -0.41% fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=51521","og_locale":"en_US","og_type":"article","og_title":"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance | iFintechWorld","og_description":"Nordson Corp. shares NDSN, -0.41% fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal","og_url":"https:\/\/ifintechworld.com\/?p=51521","og_site_name":"iFintechWorld","article_published_time":"2023-08-22T12:48:54+00:00","article_modified_time":"2023-08-22T12:48:55+00:00","og_image":[{"width":1320,"height":742,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/MW-GP644_MicroS_ZG_20180906154215.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=51521#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=51521"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance","datePublished":"2023-08-22T12:48:54+00:00","dateModified":"2023-08-22T12:48:55+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=51521"},"wordCount":130,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=51521#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=51521","url":"https:\/\/ifintechworld.com\/?p=51521","name":"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-22T12:48:54+00:00","dateModified":"2023-08-22T12:48:55+00:00","description":"Nordson Corp. shares NDSN, -0.41% fell nearly 7% in the aftermarket Monday after the maker of adhesives and other industrial products reported fiscal","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=51521#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=51521"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=51521#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Nordson stock drops 7% after company\u2019s revenue miss, lowered guidance"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/51521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51521"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/51521\/revisions"}],"predecessor-version":[{"id":51522,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/51521\/revisions\/51522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/1383"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}