Hillenbrand Q3 Adj $0.95 Beats $0.92 Estimate, Sales $717.00M Miss $731.29M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hillenbrand (NYSE:HI) reported Q3 earnings of $0.95 per share, beating the analyst consensus estimate of $0.92 by 3.26%. However, the company's quarterly sales of $717.00 million missed the analyst consensus estimate of $731.29 million by 1.95%.
August 04, 2023 | 12:15 pm
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Hillenbrand's Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Hillenbrand's earnings beat could boost investor confidence, but the sales miss might offset this positive sentiment. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100