Hillenbrand Inc is a global diversified industrial company that offers a wide range of products and services across various sectors
Primarily, it operates in the areas of advanced manufacturing and industrial solutions, providing innovative equipment and systems for industries such as plastics, food processing, and environmental services. The company is also known for its portfolio of brands, which includes businesses involved in processing and packaging technology, as well as those dedicated to delivering comprehensive aftermarket services and solutions. By focusing on engineering excellence and customer satisfaction, Hillenbrand aims to drive operational efficiency and enhance the performance of its clients' operations.
FORT WORTH, Texas, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Incora and certain of its affiliates (collectively, “Incora” or the “Company”), a leading global provider of innovative supply chain management solutions, today announced that it has designated nine new members to its board of directors (the “Board”), including Incora Chief Executive Officer David Coleal.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q3, starting with Honeywell (NASDAQHON).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including Columbus McKinnon (NASDAQCMCO) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the general industrial machinery industry, including General Electric (NYSEGE) and its peers.
Looking back on general industrial machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Hillenbrand (NYSEHI) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Kadant (NYSEKAI) and its peers.
Shares of industrial processing equipment and solutions provider Hillenbrand (NYSEHI)
jumped 15.1% in the morning session after the company reported strong third-quarter results which blew past analysts' revenue and EBITDA estimates. Revenue improved sequentially despite a challenging demand environment for the business as customers delayed purchases in some end markets. On the other hand, its full-year EPS guidance missed significantly, and its revenue guidance for the next quarter fell meaningfully short of Wall Street's estimates. Overall, this was a mixed yet decent quarter, with the results indicating improved execution.
Industrial processing equipment and solutions provider Hillenbrand (NYSEHI) announced better-than-expected revenue in Q3 CY2024, with sales up 9.8% year on year to $837.6 million. On the other hand, next quarter’s revenue guidance of $695 million was less impressive, coming in 7% below analysts’ estimates. Its non-GAAP profit of $1.01 per share was 9.3% above analysts’ consensus estimates.
Industrial processing equipment and solutions provider Hillenbrand (NYSEHI)
will be reporting earnings tomorrow after market hours. Here’s what to look for.
NEW YORK, NY / ACCESSWIRE / September 17, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 18-19, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
KeyBanc analyst Jeffrey D. Hammond initiates coverage on Hillenbrand, forecasting a positive re-rating as the company navigates cyclical challenges and aims to achieve its updated FY24 guidance, setting the stage for FY25 momentum.
NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day June Small-Cap Conference taking place Wednesday and Thursday, June 12-13, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
