Hillenbrand Reports First Quarter Fiscal Year 2019 Financial Results
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Hillenbrand (HI) Tops Q1 EPS by 4c, Revenues Beat; Reaffirms FY19 EPS Guidance
January 29, 2019 4:37 PM ESTHillenbrand (NYSE: HI) reported Q1 EPS of $0.49, $0.04 better than the analyst estimate of $0.45. Revenue for the quarter came in at $410 million versus the consensus estimate of $390.05 million.
Revenue of $410 million increased 3% year over year driven by Process Equipment Group revenue growth of 7%GAAP EPS of $0.45 increased 59% and adjusted EPS of $0.49 decreased 9% due primarily to changes in the effective tax rateOrder backlog grew... More