IHS Chemical Week

People & Business :: Companies

H.B. Fuller Revises 2008 Earnings Outlook

3:21 PM MDT | September 8, 2008 | Kara Sissell

H.B. Fuller says it has lowered its financial outlook for fiscal year 2008, with income from continuing operations expected to be $1.55/share to $1.60/share, down from an anticipated $1.76/share to $1.86/share. Fuller's third quarter 2008 net income will be $362 million, compared to $352 million in 2007, according to Fuller's preliminary estimates. Fuller expects to report fourth quarter net revenue $380 million-$390 million, compared to $361 million in fourth quarter 2007. "We are disappointed that our current outlook indicates we will fall short of our...

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