Hillenbrand: Fiscal 4Q Earnings Snapshot
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.