H.B. Fuller Company (FUL)
NYSE:FUL
Earnings Data
Report Date
Jul 01, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.37Last Year’s EPS
1.18Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced significant near‑term operational and market challenges (notably an organic revenue decline, HHC weakness, broad supply‑chain disruptions and raw material inflation) against strong execution on margins, disciplined cost actions, decisive pricing moves, improved cash flow, upgraded full‑year guidance and demonstrated sourcing/supply‑assurance capabilities that create share‑gain opportunities. Management tightened volume expectations but offset the pressure with pricing, restructuring savings and targeted commercial actions; they also paused M&A to preserve flexibility. Overall, positives around margin expansion, upgraded guidance and sourcing strength were offset by meaningful top‑line and supply risks, leaving the tone cautiously constructive.Company Guidance
Profitability and Margin Expansion
Adjusted EBITDA of $119,000,000, up 4% year‑over‑year; adjusted EBITDA margin widened 90 basis points to 15.4%. Adjusted gross profit margin improved to 31.3%, up 170 basis points year‑over‑year. Adjusted EPS was $0.57, up 6% versus Q1 2025.
Raised Full‑Year Guidance
Updated fiscal 2026 guidance: net revenue expected up mid‑single digits; organic revenue expected up low single digits; adjusted EBITDA guidance raised to $645,000,000–$675,000,000; adjusted EPS now expected $4.55–$4.90. Q2 guidance: net revenue up low single digits and adjusted EBITDA $175,000,000–$185,000,000.
Decisive Pricing Actions
Announced a minimum 10% global price increase across all product lines effective April 1, with larger adjustments for certain technologies/regions. Management expects roughly 10%+ realized pricing for the remainder of the year and cited pricing as a major driver of the guidance upgrade.
Cash Flow and Leverage Improvement
Operating cash flow improved by $49,000,000 year‑over‑year in the quarter. Net debt to adjusted EBITDA was 3.1x (down from 3.5x a year earlier). Near‑term capital allocation shifted to share repurchases while maintaining target net debt/EBITDA of 2.5–3.0x.
Strong EA Segment Performance
Engineering Adhesives (EA) organic revenue increased ~3% in Q1 excluding solar; EA organic revenue declined 2% including solar. EA EBITDA increased 9% and EA EBITDA margin expanded 120 basis points to 19.9%.
Operational Sourcing Strengths and Early Share Gains
Company deployed global sourcing and supply assurance capabilities in response to Middle East disruptions; reported securing additional raw materials and noted instances of customers seeking H.B. Fuller for incremental supply (including three large global customers), creating near‑term share gain opportunities.
Project Quantum Leap Progress and Cost Actions
Restructuring and Project Quantum Leap continue to deliver savings. Company increased expected Quantum Leap benefit for the year from $10,000,000 to $15,000,000 and cited restructuring as a contributor to margin expansion.
Regional and Specialty Growth Pockets
Asia Pacific organic revenue was up ~2% excluding solar (Chinese New Year timing accounted for a $15–$20M Q1 impact). Medical business in Europe grew strongly (reported ~20% organic growth). Aerospace and general industries in the Americas showed continued strength (management noted an 8% year‑over‑year growth driver in those segments).
FUL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FUL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 25, 2026 | $56.71 | $56.99 | +0.49% |
Jan 14, 2026 | $64.49 | $63.27 | -1.90% |
Jun 25, 2025 | $55.31 | $61.27 | +10.78% |
Mar 26, 2025 | $53.46 | $56.70 | +6.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does H.B. Fuller Company (FUL) report earnings?
H.B. Fuller Company (FUL) is schdueled to report earning on Jul 01, 2026, After Close (Confirmed).
What is H.B. Fuller Company (FUL) earnings time?
H.B. Fuller Company (FUL) earnings time is at Jul 01, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FUL EPS forecast?
FUL EPS forecast for the fiscal quarter 2026 (Q2) is 1.37.
