Hillenbrand Inc expected to post earnings of 68 cents a share - Earnings Preview

Hillenbrand

02/02/2024 21:35

* Hillenbrand Inc  HI.N   HI  is expected to show a rise in
quarterly revenue when it reports  results on February 5 for the
period ending December 31 2023
    * The Batesville Indiana-based  company is expected to
report a
18.6% increase in revenue to $777.806 million from $655.7
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Hillenbrand Inc is for
earnings of 68 cents per share. The company's EPS guidance on
November 15 2023, for the period ended December 31, was between
$0.66 and $0.71 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Hillenbrand
Inc
is $62.50​, above​ its last closing price of $47.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.02        1.04       1.13      Beat    8.2
 Jun. 30 2023  0.92        0.92       0.95      Beat    3.4
 Mar. 31 2023  0.71        0.71       0.74      Beat    4.8​
 Dec. 31 2022  0.80        0.82       0.70      Missed  -14.8
 ​​Sep.        0.99        1.01       1.05      Beat    4.2
 30 2022                                                
 Jun. 30 2022  0.87        0.87       0.92      Beat    6.2​
 Mar. 31 2022  0.99        0.99       1.01      Beat    1.7
 Dec. 31 2021  0.88        0.88       0.94      Beat    6.6
 This summary was machine generated February 2 at 21:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)