Group 1 - Hillenbrand, Inc. has declared a regular quarterly cash dividend of $0.2225 per share on its common stock [1] - The dividend is payable on September 30, 2024, to shareholders of record at the close of business on September 16, 2024 [1] Group 2 - Hillenbrand is a global industrial company providing highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries [2] - The company's portfolio includes leading industrial brands serving large end markets such as durable plastics, food, and recycling [2] - Hillenbrand is guided by its purpose to shape what matters for tomorrow, focusing on excellence, collaboration, and innovation [2]

Core Viewpoint - Hillenbrand reported quarterly earnings of $0.85 per share, exceeding the Zacks Consensus Estimate of $0.82, but down from $0.95 per share a year ago [1][2] Earnings Performance - The earnings surprise for the quarter was 3.66%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - The company posted revenues of $786.6 million for the quarter, missing the Zacks Consensus Estimate by 3.59%, compared to $716.6 million in the same quarter last year [3] Stock Performance - Hillenbrand shares have declined approximately 18.2% year-to-date, contrasting with the S&P 500's gain of 9.9% [4] - The current Zacks Rank for Hillenbrand is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $1.11 on revenues of $884 million, and for the current fiscal year, it is $3.36 on revenues of $3.26 billion [8] - The outlook for the Industrial Services industry, where Hillenbrand operates, is currently in the bottom 9% of Zacks industries, which may impact stock performance [9]

Revenue of $787 million increased 10% compared to prior year; organic revenue decreased 8% GAAP EPS of $(3.53) decreased from $0.60 in the prior year primarily due to non-cash impairment charges of $265 million; adjusted EPS of $0.85 decreased 11% compared to prior year Previously announced restructuring program remains on track to deliver $20 million in annual run-rate savings in FY25; accelerating additional cost actions and synergies across the enterprise Updated Outlook: FY24 adjusted EPS of $3.20 - $3. ...

The market expects Hillenbrand (HI) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

It's been a rough month for manufacturing stocks. The reading on manufacturing activity is one of the most closely watched economic reports. In July, the S&P Global Flash U.S. Manufacturing Purchasing Managers Index came in at 49.5. The number was lower than estimated at 51.7, approximately equal to the 49 registered in July 2023. It also was the lowest reading recorded since November 2023. Any number under 50 indicates contraction, which is another example of an economy that continues to take one step forw ...

Hillenbrand will issue a press release reporting its results after the market closes on Wednesday, August 7, 2024. The full text of the release and financials will be available at http://ir.hillenbrand.com. BATESVILLE, Ind., July 18, 2024 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, August 8, 2024, at 8:00 a.m. ET. They will discuss the results for the third quarter of fiscal year 2024, which ended June 30, 2024. The live webcast, including a sl ...

Core Viewpoint - The analyst projects that Hillenbrand Inc (HI) will achieve its updated fiscal year (FY) guidance, setting the stage for momentum into FY25 despite current cyclical concerns [2][4]. Financial Performance - Hillenbrand Inc expects adjusted earnings per share (EPS) of $3.30 to $3.50 for FY24, down from a prior view of $3.60 to $3.95. The analyst forecasts FY24 EPS at $3.35 with revenues of $3.253 billion [8]. - The company has experienced a slowdown in short-cycle hot-runners during FY23 and early FY24, with a higher proportion of longer-cycle, lower-margin injection molding machines negatively impacting margins [9]. Market Dynamics - Current cyclical dynamics are described as choppy, but there are signs of leading indicators improving from trough levels, which should positively affect the MTS business and its expected ramp in the second half of FY24 [5]. - The trend is anticipated to reverse through the remainder of FY24, approaching long-term targets by FY26 [7]. Analyst Coverage - KeyBanc Capital Markets analyst Jeffrey D. Hammond initiated coverage on Hillenbrand Inc with a price forecast of $50, indicating a potential for the shares to re-rate higher despite near-term cyclical concerns [6][10]. - HI shares are currently trading higher by 6.79% to $40.56 [11].

Stemming from my days in college, I've always found the deathcare business to be rather interesting. That fascination eventually brought me to a company by the name of Hillenbrand (NYSE:HI). Historically speaking, the company owned some operations in this space. But it was also unique in the sense that it owned some completely unrelated assets as well. From time to time, I would check in on the firm, seeing if it made sense for investors to buy in. But the last time I wrote about the company, in an article ...

BATESVILLE, Ind., May 23, 2024 /PRNewswire/ -- Hillenbrand, Inc. (the "Company") (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, published its fifth annual Sustainability Report, highlighting the Company's advancement of key sustainability-related topics and attention to innovation. "Our Sustainability Report keenly focuses on our industrial products that positively impact the world around us," said Kim Ryan, President and Chief Executive Officer of Hillenbrand ...

BATESVILLE, Ind., May 8, 2024 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2225 per share on the company's common stock.  The dividend is payable June 28, 2024, to shareholders of record at the close of business on June 14, 2024. About Hillenbrand Hillenbrand (NYSE: HI) is a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the ...