A month has gone by since the last earnings report for Nordson (NDSN Quick QuoteNDSN - Free Report) . Shares have added about 3.5% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Nordson due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.

Nordson's Q3 Earnings & Revenues Surpass Estimates, Increase Y/Y

Nordson’s third-quarter fiscal 2025 (ended July 31, 2025) adjusted earnings of $2.73 per share surpassed the Zacks Consensus Estimate of $2.63. The bottom line increased 13% year over year.

Quarterly Results

Nordson’s revenues were $742 million, up 12% from the year-ago fiscal quarter’s number, driven by strength in the Advanced Technology Solutions segment and contributions from acquired assets. Revenues beat the consensus estimate of $717 million.

Organic sales rose 2% year over year, driven by strong demand in the Asia-Pacific region. Acquisitions had a positive impact of 8% while foreign currency translation had a positive impact of 2%.

On a regional basis, revenues from the Asia Pacific region were $240.3 million, up 23.1% year over year. Revenues generated from Europe increased 4% to $186.6 million, while the metric in the Americas increased 9.6% to $314.6 million.

Nordson reports revenues under three segments. The segments are Industrial Precision Solutions, Medical and Fluid Solutions and Advanced Technology Solutions. A brief snapshot of the segmental sales is provided below:

Revenues from Industrial Precision Solutions amounted to $350.8 million, up 0.5% from the year-ago fiscal quarter’s level. The segment contributed 47.3% to its top line in the quarter.

Organic sales decreased 2% from the year-ago fiscal quarter’s level, while foreign currency translation had a positive impact of 2.5%.

Revenues from Medical and Fluid Solutions amounted to $219.5 million, up 31.6% from the year-ago fiscal quarter’s level. The segment contributed 29.6% to its top line.

Organic sales decreased 0.4% from the year-ago fiscal quarter’s level. Acquisitions boosted sales by 31% while foreign currency translation had a positive impact of 1%.

Advanced Technology Solutions’ sales were $171.3 million, up 17.4% from the year-ago fiscal quarter’s figure. The metric represented 23.1% of Nordson’s revenues in the period.

Organic sales increased 14.6% from the year-ago fiscal quarter’s level. Foreign currency translation had a positive impact of 2.8%.

Nordson’s Margin Profile

Nordson’s cost of sales increased 14.5% from the year-ago fiscal quarter’s level to $335 million. Gross profit was $406.5 million, up 10.2% from the year-ago fiscal quarter’s level. The gross margin decreased 100 basis points (bps) to 54.8%.

Selling and administrative expenses increased 2.3% year over year to $206.5 million. Adjusted EBITDA was $238.5 million (up 14.6% year over year), the margin being 32.2%. Operating income was $187.8 million, up 12.4% year over year. Operating margin of 25.3% was flat from the year-ago period.

Net interest expenses totaled $26 million, reflecting a 44.6% increase from the year-ago fiscal quarter’s level.

Nordson’s Balance Sheet & Cash Flow

At the time of exiting the third quarter of fiscal 2025, Nordson’s cash and cash equivalents were $147.8 million compared with $116 million recorded at the end of fiscal 2024. Long-term debt was $1.79 billion compared with $2.10 billion recorded at the end of fiscal 2024.

In the first nine months of fiscal 2025, it generated net cash of $516.3 million from operating activities, up 12.3% from the last fiscal year period’s tally. Capital invested in purchasing property, plant and equipment totaled $49 million, down 11.9% from the year-ago fiscal period.

Dividends/Share Buyback

In the first nine months of fiscal 2025, Nordson paid out dividends of $133 million, up 13.9% from $116.8 million in the previous fiscal year period.

Treasury purchase shares amounted to $218.2 million, up from $34.1 million in the year-ago period.

Outlook

For fiscal 2025 (ending October 2025), it projects sales to be in the range of $2.75- $2.87 billion, with adjusted earnings of $9.70-$10.50 per share.

How Have Estimates Been Moving Since Then?

In the past month, investors have witnessed a upward trend in fresh estimates.

VGM Scores

At this time, Nordson has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Following the exact same course, the stock has a grade of D on the value side, putting it in the bottom 40% for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Nordson has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry Player

Nordson is part of the Zacks Manufacturing - General Industrial industry. Over the past month, Applied Industrial Technologies (AIT Quick QuoteAIT - Free Report) , a stock from the same industry, has gained 1.6%. The company reported its results for the quarter ended June 2025 more than a month ago.

Applied Industrial Technologies reported revenues of $1.22 billion in the last reported quarter, representing a year-over-year change of +5.5%. EPS of $2.80 for the same period compares with $2.64 a year ago.

Applied Industrial Technologies is expected to post earnings of $2.47 per share for the current quarter, representing a year-over-year change of +4.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.6%.

Applied Industrial Technologies has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.