Hillenbrand (HI) Tops Q3 EPS by 5c; Offers FY22 EPS Guidance
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Hillenbrand Reports Fiscal Third Quarter 2022 Results
August 3, 2022 4:20 PM EDTFiscal Third Quarter 2022 Highlights:
Revenue of $721 million increased 4% compared to prior year or 5% on a pro forma basisGAAP EPS of $0.68 increased 28%; adjusted EPS of $0.92 increased 8% largely due to higher volume in Molding Technology Solutions and lower shares outstandingCompleted approximately $300 million of share repurchases over the last 5 quartersAchieved $75 million annual run-rate synergy target for Milacron integration ahead of scheduleFiscal 2022 guidance: reaffirms midpoint of full year adj. EPS, narrowing range to $3.85 - $3.95BATESVILLE, Ind.,... More
