Hillenbrand: Fiscal 4Q Earnings Snapshot

November 13, 2018

BATESVILLE, Ind. (AP) _ Hillenbrand Inc. (HI) on Tuesday reported fiscal fourth-quarter net income of $44.5 million.

On a per-share basis, the Batesville, Indiana-based company said it had profit of 70 cents. Earnings, adjusted for one-time gains and costs, were 67 cents per share.

The diversified industrial company specializing in business-to-business products posted revenue of $474.7 million in the period.

For the year, the company reported profit of $76.6 million, or $1.20 per share. Revenue was reported as $1.77 billion.

Hillenbrand expects full-year earnings in the range of $2.45 to $2.60 per share.

Hillenbrand shares have increased almost 5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $46.82, an increase of 21 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HI at https://www.zacks.com/ap/HI

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