
Nordson Corporation (NASDAQ:NDSN) shares are trading higher Thursday after the company beat third quarter estimates and authorized a $500 million repurchase of outstanding shares on Wednesday after the market closed.
What To Know: Nordson reported adjusted earnings per share of $2.73, beating the consensus estimate of $2.63. In addition, the company reported sales of $741.50 million, beating the consensus estimate of $722.57 million, and representing a 12% year-over-year increase.