Hillenbrand Sees Q3 Adjusted EPS Of $0.80-$0.85, Est $1.02
Portfolio Pulse from Benzinga Newsdesk
Hillenbrand projects its Q3 adjusted EPS to be between $0.80 and $0.85, falling short of the estimated $1.02.
April 30, 2024 | 9:30 pm
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NEGATIVE IMPACT
Hillenbrand's projected Q3 adjusted EPS is significantly below the analyst estimate of $1.02.
Hillenbrand's lower-than-expected Q3 adjusted EPS projection is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price due to the significant miss against analyst expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100