Overview
Hillenbrand fiscal Q3 rev falls 24% yr/yr, driven by MIME divestiture
Adjusted EPS for fiscal Q3 beats consensus despite a 40% yr/yr decline
Co achieved $30 mln cost synergies from Linxis and FPM acquisitions
Outlook
Hillenbrand maintains full-year adjusted EPS midpoint at $2.20-$2.35
Company expects fiscal 2025 adjusted EBITDA of $370 mln-$385 mln
Result Drivers
MIME DIVESTITURE - Revenue decreased 24% yr/yr primarily due to MIME divestiture
COST SYNERGIES - Achieved $30 mln cost synergies from Linxis and FPM acquisitions earlier than planned
TARIFF IMPACT - Customer purchasing decisions delayed due to dynamic tariff landscape
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Adjusted EPS | Beat | $0.51 | $0.49 (4 Analysts) |
Q3 Net Income | $2 mln | ||
Q3 Adjusted EBITDA | Miss | $84 mln | $85.40 mln (4 Analysts) |
Q3 Adjusted EBITDA Margin | 15.8% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Hillenbrand Inc is $34.00, about 42% above its August 8 closing price of $19.72
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nPn52zsdla
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)