---
schema_version: "secwatch.filing_event.v1"
accession: "0001417398-24-000136"
form_type: "8-K"
ticker: null
cik: "0001417398"
company_name: "Hillenbrand, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:16:53.653897+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001417398-24-000136
- form_type: 8-K
- cik: 0001417398
- company_name: Hillenbrand, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417398/000141739824000136/0001417398-24-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417398/000141739824000136/hi-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001417398-24-000136
- JSON: https://secwatch.observer/filing/0001417398-24-000136.json
- Plain text: https://secwatch.observer/filing/0001417398-24-000136.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417398/000141739824000136/0001417398-24-000136-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.