Hillenbrand Q4 Adj EPS $1.13 Beats $1.04 Estimate, Sales $762.80M Beat $747.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hillenbrand reported Q4 adjusted earnings of $1.13 per share, surpassing the consensus estimate of $1.04, and sales of $762.80M, exceeding the estimate of $747.46M.
November 15, 2023 | 9:31 pm
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POSITIVE IMPACT
Hillenbrand's Q4 adjusted EPS of $1.13 exceeded estimates by 8.65%, and sales of $762.80M surpassed expectations by 2.05%.
Beating both earnings and sales estimates typically generates positive investor sentiment and can lead to a short-term increase in stock price. The beat on both fronts suggests operational efficiency and strong demand for Hillenbrand's products, which investors may view favorably.
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