Hill-Rom Holdings (HRC) Tops Q2 EPS by 3c, Revenues Miss; Q3 EPS Guidance Below Consensus, Affirms FY19 EPS Outlook

Hill-Rom Holdings (NYSE: HRC) reported Q2 EPS of $1.14, $0.03 better than the analyst estimate of $1.11. Revenue for the quarter came in at $714 million versus the consensus estimate of $705.39 million.

"We are pleased to deliver another strong quarter of accelerated core revenue growth, positive new product momentum across our diversified portfolio, and financial results that exceeded our guidance," said John P. Groetelaars, Hill-Rom's president and chief executive officer. "This performance reflects the power of our global brand, strong customer relationships, and increasing demand for our innovative technologies and solutions. We continue to execute on our strategic priorities and vision of advancing connected care to enhance outcomes for patients and their caregivers."

GUIDANCE:

Hill-Rom Holdings sees Q3 2019 EPS of $1.20-$1.22, versus the consensus of $1.24.

Hill-Rom Holdings sees FY2019 EPS of $5.02-$5.06, versus the consensus of $5.04.

For earnings history and earnings-related data on Hill-Rom Holdings (HRC) click here.

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