Hillenbrand Inc (NYSE:HI) is expected to report fourth quarter earnings results, after market close, on Wednesday 11th November 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.56 per share.
Looking ahead, the full year income are expected at $ 2.52 per share on the revenues of $ 2443.69 million.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 0.60 ~ $ 0.70 per share
Full Year 2020 topline are forecasted in a range of$ 2,667.00 million ~ $ 2,733.00 million, where as bottomline are predicted in a range of $ 2.30 ~ $ 2.55 per share
Click Here For More Historical Outlooks Of Hillenbrand Inc
Previous Quarter Performance
Hillenbrand Inc posted income for the third quarter of $ 0.81 per share, from the revenue of $ 607.50 million. The consensus estimates are income of $ 0.30 per share from $ 598.27 million in revenue. The bottom line results beat street analysts by $ 0.51 or 170.00 percent, at the same time, top line results outshined analysts by $ 9.23 million or 1.54 percent.
Stock Performance
Shares of Hillenbrand Inc traded up $ 1.08 or 3.37 percent on Tuesday, reaching $ 33.15 with volume of 389.40 thousand shares. Hillenbrand Inc has traded high as $ 33.39 and has cracked $ 32.34 on the downward trend
The closing price of $ 33.15, representing a 135.64 % increase from the 52 week low of $ 13.61 and a 7.39 % decrease over the 52 week high of $ 34.63.
The company has a market capital of $ 2.48 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Stock Dividend Announcement
On August 27, 2020, the board of directors authorized quarterly dividend of $ 0.2125 per share to holders of record as of the close of business on September 16, 2020, with payment date of September 30, 2020 and ex-dividend date on September 15, 2020.
Hillenbrand, Inc. operates as a diversified industrial company in the United States and internationally. The company operates in two segments, Process Equipment Group and Batesville.
