Nordson Q3 Earnings Beat and Guidance Update
Nordson Corporation (NASDAQ:NDSN) announced its third‑quarter 2026 results, which ended on July 31, 2026. The company posted adjusted earnings per share of $3.25, surpassing the analyst consensus of $3.09 by $0.16. Revenue for the quarter reached a record $817.66 million, exceeding the consensus estimate of $779.49 million and representing a 10% increase over the $742 million reported in the comparable period of the prior year. Organic sales grew approximately 12%, driven by growth across all business segments.
The firm highlighted that its backlog expanded 35% year‑over‑year, reflecting continued strength in demand. Third‑quarter EBITDA rose to a record $262 million, equal to 32% of sales, marking a 10% increase from the prior year.
Based on the strong performance, Nordson raised its full‑year outlook. The updated revenue guidance now targets $3.035 billion to $3.075 billion, with a midpoint of $3.055 billion, which is above the analyst consensus of $2.983 billion. Adjusted earnings guidance was also increased to a range of $11.80 to $12.00 per share, with a midpoint of $11.90, representing a 2.7% increase over the consensus estimate of $11.59.
President and CEO Sundaram Nagarajan commented, "The strong momentum of the first half continued through the third quarter, delivering results above the high‑end of our most recent earnings guidance. The team’s strong execution of the Ascend Strategy, combined with our diversified portfolio, differentiated precision technology and operational excellence, positioned us to deliver record sales in all three segments while maintaining our best‑in‑class margin performance."
Following the announcement, Nordson shares rose 5.67% in trading.