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Hillenbrand Elects Joseph Lower to the Board of Directors and Establishes Vice Chairperson Roles
Prnewswire· 2024-10-21 20:43
Mr. Lower Brings Decades of Leadership Experience in Finance, Strategy, and Business DevelopmentMr. Lower Named as Vice Chairperson of Audit CommitteeDirector Inderpreet Sawhney Named as Vice Chairperson of Nominating/Corporate Governance CommitteeBATESVILLE, Ind., Oct. 21, 2024 /PRNewswire/ -- Hillenbrand, Inc. (the "Company") (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, announced today that Joseph T. Lower, former Executive Vice President and Chief Financi ...
Hillenbrand Declares Fourth Quarter Dividend of $0.2225 Per Share
Prnewswire· 2024-08-28 20:43
BATESVILLE, Ind., Aug. 28, 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 September 30, 2024, to shareholders of record at the close of business on September 16, 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 ...
Hillenbrand(HI) - 2024 Q3 - Earnings Call Presentation
2024-08-08 13:37
SHAPE WHAT MATTERS FOR TOMORROW™ HILLENBRAND Third Quarter FY 2024 Earnings Call Presentation August 8, 2024 Hillenbrand Call Participants Kim Ryan President & CEO Bob VanHimbergen SVP & CFO Sam Mynsberge VP, Investor Relations 2 Disclosure Regarding Forward-Looking Statements Throughout this earnings presentation, we make a number of "forward-looking statements," that are within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amen ...
Hillenbrand (HI) Q3 Earnings Top Estimates
ZACKS· 2024-08-07 23:30
Hillenbrand (HI) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 3.66%. A quarter ago, it was expected that this diversified industrial company specializing in business-to-business products would post earnings of $0.75 per share when it actually produced earnings of $0.76, delivering ...
Hillenbrand(HI) - 2024 Q3 - Quarterly Report
2024-08-07 20:38
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, without par value HI New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to ____ ...
Hillenbrand(HI) - 2024 Q3 - Quarterly Results
2024-08-07 20:23
Exhibit 99.1 Hillenbrand Hillenbrand Reports Fiscal Third Quarter 2024 Results • 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 ...
Hillenbrand Reports Fiscal Third Quarter 2024 Results
Prnewswire· 2024-08-07 20:18
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. ...
Earnings Preview: Hillenbrand (HI) Q3 Earnings Expected to Decline
ZACKS· 2024-07-31 15:07
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 ...
The Top 3 Manufacturing Stocks to Buy Now: Summer 2024
Investor Place· 2024-07-30 15:45
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 Schedules Third Quarter 2024 Earnings Call for August 8, 2024
Prnewswire· 2024-07-18 20:40
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 ...