H.B. Fuller Co. Fuller Co. FUL, +0.44% fell more than 4% during the extended session on Wednesday after the manufacturer of adhesives and industrial products reported earnings that were below expectations and forecasted lower revenue for the entire year. H.B. Fuller earned 40 million dollars, or about 73 cents per share, during the second quarter of the fiscal year, compared to $47 million or 86 cents per share in the previous period. After adjusting for one-time expenses, Fuller earned 93c per share. The company reported that lower volumes led to a 10% drop in revenue to $898 millions. FactSet polled analysts who expected earnings per share of $1.04 on sales of $970 millions for the quarter. In a press release, Chief Executive Celeste Mastin stated that “pricing discipline and concentrated efforts to reduce cost drove margin expansion” and helped the company overcome a difficult volume environment. The second-quarter profits were in line with expectations. The company forecasted that fiscal 2023’s net revenue would be down between 3% and 5% compared to fiscal 2022. This was “reflecting the continued destocking by customers and slower industrial production”. It also guided for an adjusted EPS range of $3.80 to $4.20. FactSet’s consensus is for EPS to be around $4.15.