Hillenbrand Inc reports results for the quarter ended September 30 - Earnings Summary

Hillenbrand

14/11/2024 04:02

* Hillenbrand Inc  HI.N  reported quarterly adjusted
earnings of
$1.01​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of
$1.13.  The mean expectation of five analysts for the quarter
was for earnings of 92 cents per share. Wall Street expected
results to range from 90 cents to 94 cents per share.
    * Revenue rose 9.8% to $837.60 million from a year ago;
analysts
expected $792.98 million. 
    * Hillenbrand Inc's reported EPS for the quarter was 21
cents​.
    * The company reported quarterly net income of $14.6
million.
    * Hillenbrand Inc shares had risen by 10.4% this quarter and
lost 35.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Hillenbrand Inc
is $45.00 
This summary was machine generated from LSEG data November 14 at
04:01 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.92           1.01           Beat
 Jun. 30 2024      0.82           0.85           Beat
 Mar. 31 2024      0.75           0.76           Beat
 Dec. 31 2023      0.68           0.69           Beat