Nordson Corporation Shares Up 7% Since Q2 Earnings Release Last Week
<p><a href='https://financialmodelingprep.com/financial-summary/NDSN'>Nordson Corporation (NASDAQ:NDSN)</a> shares rose more than 7% since the release of the company’s Q2 earnings last week. EPS came in at $2.43, beating the Street estimate of $2.29, mainly driven by strong margins in Advanced Technology (ATS). Revenue was $635 million, below the Street estimate of $644.91 million.</p>
<p>Despite concerns over the impact of China lockdowns, ATS organic sales grew 11%. ATS margins were 31% and the company views increasing profitability as sustainable given an improved cost structure and NBS Next initiatives gaining traction. </p>
<p>Analysts at Berenberg Bank continue to favor the company in this environment for its resilient characteristics and company-specific initiatives that continue to drive margin upside.</p>

NASDAQ:NDSN