Hillenbrand Q2 adjusted EPS $0.76 up 3%; cuts FY24 EPS guidance to $3.30-$3.50

Hillenbrand, Inc.

2024-Q2 EPS reported $0.33 revenue$1,558,600,000

Total revenue $785M (+14% YoY), organic revenue -5%; MTS revenue down 13%.
GAAP EPS $0.09 vs $0.33; adjusted EPS $0.76 vs $0.74; adjusted EBITDA $122.6M (+13%).
MTS restructuring expanded: annual savings now ~$20M (from $15M); ~$25M charge in Q2.
FY24 adjusted EPS outlook lowered to $3.30-$3.50 from $3.60-$3.95; free cash flow ~$130-$150M (was ~$230M).
Operating cash flow $3M vs $50M; net debt $1.88B, net leverage 3.5x; liquidity $725M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hillenbrand, Inc. reported second quarter ended March 31, 2024 results: revenue $785 million, net income $6 million, or $0.09 per share, EPS $0.09. Guidance lowered.

Period: second quarter ended March 31, 2024
Revenue: $785 million
Net income: $6 million, or $0.09 per share
EPS: $0.09
Guidance: lowered
Result: reported results

Exact text from the filing

except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-32.1) --- Hillenbrand Reports Fiscal Second Quarter 2024 Results • Revenue of $785 million increased 14% compared to prior year; organic revenue decreased 5% primarily due to lower volume in the Molding Technology Solutions (MTS) segment • GAAP EPS of $0.09 decreased

View on SEC.gov

379 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0001417398-24-000136

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.