Hillenbrand (HI) Tops Q4 EPS by 6c, Offers Guidance

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Hillenbrand Reports Fiscal Fourth Quarter and Full Year 2023 Results

November 15, 2023 4:27 PM EST

Fourth Quarter Continuing Operations Highlights1:

Revenue of $763 million increased 26% compared to prior year, including $43 million from Schenck FPM; organic revenue decreased 1%GAAP EPS of $0.24 decreased from $0.44 in the prior year; adjusted EPS of $1.13 increased 45%, including a $0.02 net contribution from Schenck FPMAdjusted EBITDA margin of 19.3% increased 90 basis points

Fiscal 2023 Continuing Operations Highlights1 and Fiscal 2024 Guidance:

Revenue of $2.83 billion increased 22% vs. prior year; organic revenue increased... More