Hillenbrand Reports Fourth Quarter and Fiscal Year 2018 Results and Introduces 2019 Guidance
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Hillenbrand (HI) Reports Q4 EPS of $0.67, Revenues Beat; Initiates FY19 EPS Outlook
November 13, 2018 4:34 PM ESTHillenbrand (NYSE: HI) reported Q4 EPS of $0.67, versus $0.00 reported last year. Revenue for the quarter came in at $475 million versus the consensus estimate of $449.9 million.
Fiscal Fourth Quarter 2018 Highlights:
Record quarterly revenue of $475 million increased 7% over prior year driven primarily by Process Equipment Group revenue growth of 12%Net income grew 16% to $45 million year over year; adjusted EBITDA of $81 million was down... More