Industrial tech firm Nordson beats Q3 adjusted EPS forecasts and lifts annual outlook for the third time in 2026 on AI-driven demand.
Nordson shares climbed 7% after reporting third-quarter adjusted earnings per share of $3.25, surpassing analyst expectations. The company raised its full-year 2026 outlook for the third time this year, citing strong demand linked to artificial intelligence applications.
Prior to the announcement, consensus estimates had pegged Q3 non-GAAP EPS at a lower figure. Nordson’s upward revision follows two earlier guidance increases in 2026, reflecting sustained momentum in its industrial technology segment.
The stock’s gain outpaced broader market movements, signaling investor confidence in the revised projections.