Hillenbrand Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Hillenbrand (NYSE:HI) reported Q2 earnings of $463.50 million, a 869.67% increase from Q1, and sales of $691.00 million, a 5.38% increase since Q1. The company posted a return on capital employed (ROCE) of 0.28%, indicating effective capital allocation. Hillenbrand's Q2 earnings per share of $0.74 beat analyst predictions of $0.71.
May 23, 2023 | 2:52 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Hillenbrand's Q2 earnings and sales increased significantly, with a positive ROCE of 0.28% indicating effective capital allocation. The company's EPS of $0.74 beat analyst predictions.
Hillenbrand's significant increase in earnings and sales, along with a positive ROCE, indicates effective capital allocation and potential for future growth. The company's EPS beat analyst predictions, which may positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100