Hillenbrand Sees Q2 Adj. EPS $0.71-$0.76 Vs $0.84 Est.
Portfolio Pulse from Benzinga Newsdesk
Hillenbrand has provided guidance for its Q2 adjusted EPS, projecting it to be in the range of $0.71 to $0.76, which is below the estimated $0.84.
February 05, 2024 | 9:25 pm
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Hillenbrand's projected Q2 adjusted EPS of $0.71-$0.76 falls short of the estimated $0.84, indicating potential earnings disappointment.
When a company projects earnings that are below analyst estimates, it often leads to negative investor sentiment and can result in a decrease in stock price in the short term. Hillenbrand's lower-than-expected EPS guidance suggests potential earnings disappointment, which could negatively impact its stock price.
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