HB Fuller Co. (FUL) reported third quarter adjusted EPS of $0.42 after the bell Wednesday, down sharply from $0.74 a year ago. Analysts expected EPS of $0.76. Fourth quarter EPS is expected to be between $0.60 and $0.70, which is below the consensus estimate of $0.85.
HB Fuller gapped open sharply lower Thursday, but was range-bound throughout the session. The stock finished with a loss of 6.30 at $37.68 on the highest volume of the year. HB Fuller plummeted to a new low for the year.
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