Hillenbrand (HI) Tops Q1 EPS by 30c
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Hillenbrand Reports Fiscal First Quarter 2021 Results
February 3, 2021 4:23 PM ESTBATESVILLE, Ind., Feb. 3, 2021 /PRNewswire/ --
Fiscal First Quarter 2021 Highlights: Revenue of $693 million was 22% higher year over year driven by strong COVID-19 related demand at Batesville and 50 additional days of Milacron revenue; pro forma revenue growth of 6%; Batesville sales growth of 30% year over year GAAP EPS of $1.01 increased by $1.06 primarily as a result of lower business acquisition and integration costs and a gain on the sale of Red Valve; adjusted EPS of $0.96 increased 28% primarily driven by strength in Batesville and Molding Technology Solutions... More