HI Stock Recent News

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.

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 - $3.30, previously $3.30 - $3.50; Q4 adjusted EPS of $0.90 to $1.00 BATESVILLE, Ind. , Aug. 7, 2024 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, reported results for the fiscal third quarter ended June 30, 2024.

Hillenbrand (HI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

It's been a rough month for manufacturing stocks. The reading on manufacturing activity is one of the most closely watched economic reports.

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.

Dublin, July 18, 2024 (GLOBE NEWSWIRE) -- The "Death Care Services - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Death Care Services is estimated at US$126.8 Billion in 2023 and is projected to reach US$189.8 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Key questions answered in the report include:

KeyBanc Capital Markets analyst Jeffrey D. Hammond initiated coverage on Hillenbrand Inc HI with a price forecast of $50.

Hillenbrand has divested its deathcare business and now focuses on key growth markets, particularly in the Advanced Process Solutions segment. The company has seen impressive growth in revenue and net profits, with a significant portion of revenue coming from strategic growth markets such as food and pharmaceutical processing. Shares of Hillenbrand are attractively priced compared to similar firms and offers solid upside potential from here.

Highlights accomplishments in our sustainability journey and focuses on product innovation Continues transparency by including additional data around key environmental metrics like water and waste Discloses three years of Scope 1 and Scope 2 greenhouse gas (GHG) emissions data and 15 Scope 3 categories 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.

Hillenbrand beat quarterly earnings expectations despite lower-than-expected sales. The company lowered full-year revenue and free cash estimates due to ongoing issues at its molding business.