Hillenbrand (HI) Tops Q3 EPS by 1c

Hillenbrand (NYSE: HI) reported Q3 EPS of $0.53, $0.01 better than the analyst estimate of $0.52. Revenue for the quarter came in at $371 million versus the consensus estimate of $406.7 million.

GUIDANCE:

Hillenbrand sees FY2016 EPS of $1.98-$2.05, versus prior guidance of $2.05-$2.15 and the consensus of $2.07.

• Organic constant currency revenue growth in the range of negative 7% to negative 5%, compared to down 2% to flat previously
• Total constant currency revenue growth in the range of negative 3% to negative 1%, compared to 2% to 4% previously

For earnings history and earnings-related data on Hillenbrand (HI) click here.

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