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Nordson (NDSN) Stock Jumping as Q3 Results Top Estimates

NEW YORK (TheStreet) -- Shares of Nordson (NDSN) were soaring 9.43% to $100.95 on heavy trading volume late Tuesday afternoon after the company posted better-than-expected results for the 2016 fiscal third quarter.

After yesterday's closing bell, the Westlake, OH-based manufacturer reported adjusted earnings of $1.47 per diluted share, above analysts' estimates of $1.33 per share.

Revenue increased 6% to $490 million year-over-year, while analysts were looking for revenue of $480 million.

For the fiscal fourth quarter, Nordson sees earnings per share between $1.15 and $1.27. Analysts...