US4315711089 - Common Stock
Shares of industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) jumped 15.1% in the morning session after the company reported strong third-quarter results which blew past analysts' revenue and EBITDA estimates. Revenue improved sequentially despite a challenging demand environment for the business as customers delayed purchases in some end markets. On the other hand, its full-year EPS guidance missed significantly, and its revenue guidance for the next quarter fell meaningfully short of Wall Street's estimates. Overall, this was a mixed yet decent quarter, with the results indicating improved execution.
Let's have a look at what is happening on the US markets on Thursday. Below you can find the gap up and gap down stocks in today's session.
Industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) announced better-than-expected revenue in Q3 CY2024, with sales up 9.8% year on year to $837.6 million. On the other hand, next quarter’s revenue guidance of $695 million was less impressive, coming in 7% below analysts’ estimates. Its non-GAAP profit of $1.01 per share was 9.3% above analysts’ consensus estimates.
Q4 revenue of $838 million increased 10% compared to prior year; organic revenue decreased 1% Q4 GAAP EPS of $0.17 decreased from $0.24 in the prior year;...
Industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) will be reporting earnings tomorrow after market hours. Here’s what to look for.
/PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, November 14, 2024, at 8:00 a.m. ET. They will...
/PRNewswire/ -- Hillenbrand, Inc. (the "Company") (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, announced...
/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...
HI stock results show that Hillenbrand beat analyst estimates for earnings per share but missed on revenue for the third quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hillenbrand (NYSE:HI) just reported results for the third quarter of 2024.Hille...
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...
If money continues to rotate away from the tech sector there may be some strong gains in these manufacturing stocks.
/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...
/PRNewswire/ -- Hillenbrand, Inc. (the "Company") (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, published its...
/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...
The company revised full-year estimates downward due to pricing pressure and product mix.
HI stock results show that Hillenbrand beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hillenbrand (NYSE:HI) just reported results for the second quarter of 2024.Hill...
Revenue of $785 million increased 14% compared to prior year; organic revenue decreased 5% primarily due to lower volume in the Molding Technology Solutions...
/PRNewswire/ -- Hillenbrand (NYSE: HI), a global industrial company, will attend NPE2024, The Plastics Show, alongside its Operating Companies that will...
/PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Wednesday, May 1, 2024, at 8:00 a.m. ET. Company leadership...
/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...
Hillenbrand priced its $500M senior notes offering to repay borrowings and fund general corporate purposes, closing on or about February 14, 2024.
/PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) has announced the commencement and pricing of its public offering of $500,000,000 aggregate principal amount of...
First Quarter Continuing Operations Highlights1: Revenue of $773 million increased 18% compared to prior year; organic revenue decreased 7% GAAP EPS of $0.25...
The IBD SmartSelect Composite Rating for Hillenbrand increased from 93 to 96 Friday.