Hillenbrand (NYSE:HI) reported its Q1 earnings results on Wednesday, February 2, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Hillenbrand beat estimated earnings by 6.82%, reporting an EPS of $0.94 versus an estimate of $0.88, which did not surprise analysts.
Revenue was up $35.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 0.83% increase in the share price the next day.
Here's a look at Hillenbrand's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.9 | 0.77 | 0.91 | 0.67 |
| EPS Actual | 1 | 0.85 | 0.98 | 0.96 |
| Revenue Estimate | 732.67M | 685.99M | 707.05M | 647.15M |
| Revenue Actual | 754.90M | 695.10M | 722.30M | 692.50M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Hillenbrand management provided guidance for their next quarter, expecting earnings between $0.96 and $1.02 per share for the next quarter.
This represents a 5.32% in quarter-over-quarter growth for Hillenbrand, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
