Hillenbrand (NYSE: HI) reported Q2 EPS of $0.53, $0.05 better than the analyst estimate of $0.48. Revenue for the quarter came in at $395.3 million versus the consensus estimate of $389.53 million.

GUIDANCE:

Hillenbrand sees FY2017 EPS of $2.00-$2.10, versus the consensus of $2.00.

Fiscal 2017 Guidance

Hillenbrand continues to expect 2017 revenue growth of 1-3%. Revenue from the Process Equipment Group is projected to grow 3-5%, and Batesville is expected to deliver revenue that is down 1-3%. The EPS guidance range has been narrowed to GAAP EPS of $1.85-$1.95 and adjusted EPS of $2.00-$2.10. Previously, the guidance range was $1.80-$1.95 for GAAP EPS and $1.95-$2.10 for adjusted EPS.

For earnings history and earnings-related data on Hillenbrand (HI) click here.