US4315711089 - Common Stock
HILLENBRAND INC
NYSE:HI (11/15/2024, 10:02:36 AM)
32.93
-0.77 (-2.28%)
Hillenbrand, Inc. is a global industrial company, which engages in providing engineered processing equipment and solutions. The company is headquartered in Batesville, Indiana and currently employs 10,400 full-time employees. The company went IPO on 2008-03-19. The firm operates through two segments: advanced process solutions and molding technology solutions. The advanced process solutions segment is a provider of process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food and recycling. This segment's technologies include compounding, extrusion, material handling, conveying, mixing, ingredient automation, portion process, and screening and separating equipment. The molding technology solutions segment provides equipment, systems and aftermarket parts and service for the plastic technology processing industry. This segment has a product portfolio that includes injection molding and extrusion equipment, hot runner systems, mold bases and components, and maintenance, repair, and operating supplies. Its brands include Coperion, Milacron, K-Tron and Rotex.
HILLENBRAND INC
One Batesville Boulevard
Batesville INDIANA 47006
P: 18129315000
CEO: Joe A. Raver
Employees: 10400
Website: https://www.hillenbrand.com/
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...
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