FUL - H.B. Fuller Non-GAAP EPS of $0.80 beats by $0.07 revenue of $856.48M beats by $38.18M

H.B. Fuller press release (NYSE:FUL): Q1 Non-GAAP EPS of $0.80 beats by $0.07. Revenue of $856.48M (+18.0% Y/Y) beats by $38.18M. Shares +6%. 2022 Guidance: Based on current conditions and planned pricing actions, the company now anticipates year-on-year organic revenue growth of 15% to 20%, compared to its prior guidance provided in January for 10% to 15% organic growth. Adjusted EBITDA expected to be in the range of $530 to $550 million. Total capital investments for the year are expected to increase to a range of $105 to $115 million, and net debt to EBITDA is anticipated to be between 3.0x and 3.3x at year-end 2022, inclusive of the impact of the recently announced acquisitions. Adjusted EPS of $4.10 to $4.35, compared to its prior guidance of $4.00 to $4.25, vs. consensus of $4.16

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H.B. Fuller Non-GAAP EPS of $0.80 beats by $0.07, revenue of $856.48M beats by $38.18M