What Happened?

Shares of manufacturing company Nordson (NASDAQ:NDSN) fell 8.2% in the morning session after the company reported weak third-quarter financial results. Its full-year revenue and earnings guidance fell short of Wall Street's estimates, sending shares lower. On the other hand, Nordson exceeded analysts' revenue, EBITDA, and EPS expectations this quarter. Overall, this quarter could have been better.

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What The Market Is Telling Us

Nordson’s shares are not very volatile and have only had a move greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

Nordson is down 11.7% since the beginning of the year, and at $228.45 per share, it is trading 18.1% below its 52-week high of $278.89 from May 2024. Investors who bought $1,000 worth of Nordson’s shares 5 years ago would now be looking at an investment worth $1,402.

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