Hillenbrand Cuts FY24 Adjusted EPS Outlook From $3.60-$3.95 To $3.30-$3.50, Est $3.70
Portfolio Pulse from Benzinga Newsdesk
Hillenbrand has revised its FY24 adjusted EPS forecast downwards from the previous range of $3.60-$3.95 to a new range of $3.30-$3.50, below the estimated $3.70.
April 30, 2024 | 9:31 pm
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Hillenbrand has lowered its FY24 adjusted EPS outlook from $3.60-$3.95 to $3.30-$3.50, which is below the analyst estimate of $3.70.
The downward revision of Hillenbrand's FY24 adjusted EPS outlook indicates potential challenges or lower-than-expected performance, which could lead to negative investor sentiment and a decrease in stock price in the short term.
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