Nordson sees Q4 GAAP EPS $1.38-$1.54, consensus $1.51
For the fourth quarter of fiscal 2018, sales are expected to be in the range of flat to down 4 percent compared to the fourth quarter a year ago. This outlook includes a range for organic volume to be up 1 percent to down 3 percent, 1 percent growth from the first year effect of acquisitions, and an unfavorable currency translation effect of 2 percent based on the current exchange rate environment as compared to the prior year. At the midpoint of this outlook, operating margin is expected to be approximately 22 percent. GAAP diluted earnings per share are expected to be in the range of $1.38 to $1.54, with an estimated effective tax rate of approximately 25 percent. At the midpoint of the guidance, EBITDA and EBITDA margin are expected to be $149 million and 26 percent, respectively. Q4 revenue consensus $588.38M.