Hillenbrand (HI) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS
Hillenbrand (NYSE:HI) posted its quarterly earnings results on Tuesday. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01, Analyst Ratings Network.com reports. The company had revenue of $385.00 million for the quarter, compared to the consensus estimate of $385.58 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was up 26.1% on a year-over-year basis.
Hillenbrand (NYSE:HI) traded down 0.27% on Tuesday, hitting $26.13. 244,931 shares of the company’s stock traded hands. Hillenbrand has a 52 week low of $22.66 and a 52 week high of $29.95. The stock has a 50-day moving average of $28.42 and a 200-day moving average of $27.33. The company has a market cap of $1.648 billion and a P/E ratio of 25.94.
Hillenbrand, Inc (NYSE:HI) is a global industrial company, which makes and sells premium business-to-business products and services for a range of industries.
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