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 ...

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 ...

Table of Contents 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 March 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission File Number. 001-33794 HILLENBRAND, INC. (Exact name of registrant as specified in its charter) Indiana 26-1342272 (State or ...

Exhibit 99.1 Hillenbrand Reports Fiscal Second Quarter 2024 Results BATESVILLE, Ind., April 30, 2024 --/PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, reported results for the fiscal second quarter ended March 31, 2024. | | Three Months Ended March 31, | | Change | | | --- | --- | --- | --- | --- | | (unaudited, dollars in millions, except EPS) | 2024 | 2023 | $ | % | | Total net revenue | 785.3 | 690.9 | 94.4 | 14 % | | 2 Orga ...