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 ...

Loading... Also Read: What's Going On With Mastercard Shares Today? All in, while somewhat concerned about the cycle, the analyst projects that HI will ultimately be able to achieve its updated FY guide, which will set the stage for momentum into FY25. Read Next: Loading... As the company proves its FY24 framework and enters a more normalized operating environment, investors will become more comfortable with the new and improved HI, the analyst adds. While current cyclical dynamics remain choppy, the analys ...

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 ...

The company revised full-year estimates downward due to pricing pressure and product mix.Diversified manufacturer Hillenbrand (HI -11.47%) grew revenue and topped earnings expectations in its most recent quarter but warned of a slowdown up ahead. Investors are forward looking, sending the company's stock down 14% as of 12:30 p.m. ET Wednesday.Pricing pressure and reduced volumesHillenbrand is perhaps best known as the parent of casket-maker Batesville, but the company also has a large plastics and molding t ...

Hillenbrand, Inc. (NYSE:HI) Q2 2024 Earnings Conference Call May 1, 2024 8:00 AM ET Company Participants Sam Mynsberge - Vice President of Investor Relations Kim Ryan - President & Chief Executive Officer Bob VanHimbergen - Senior Vice President & Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Daniel Moore - CJS Securities Operator Greetings. Welcome to Hillenbrand's Second Quarter Fiscal Year 2024 Earnings Call. [Operator Instructions] Please note, this conference is ...