The earnings call reflects a company managing through macroeconomic challenges, with solid performance in certain segments and strategic initiatives, but facing headwinds in others. While there is optimism about future demand recovery, current organic revenue declines and segment-specific difficulties temper the positive outlook.
Company Guidance
During Hillenbrand's fourth-quarter earnings call for fiscal year 2024, the company provided guidance indicating a cautious yet strategic approach for fiscal 2025. The company reported a Q4 revenue of $838 million, up 10% overall but down 1% organically. Adjusted earnings per share were $1.01, slightly exceeding expectations. For fiscal 2025, Hillenbrand anticipates total revenues between $2.93 billion and $3.09 billion, representing a 3% to 8% decline compared to the prior year, with the APS segment expected to decrease by 5% to 10% and MTS segment to be relatively flat. The adjusted EBITDA is projected to range between $452 million and $488 million, down 5% to 12%, and adjusted earnings per share are expected to be between $2.80 and $3.15. The company aims to generate approximately $200 million in operating cash flow, focusing on trade working capital efficiency, with capital expenditures anticipated to be around $50 million. Despite macroeconomic challenges, Hillenbrand remains focused on managing costs, driving productivity, and executing integration plans, while prioritizing debt reduction.
Revenue Growth
Hillenbrand reported Q4 revenue of $838 million, a 10% increase compared to the prior year, partly driven by the FPM acquisition.
Aftermarket Performance
The company achieved another record level of aftermarket performance, contributing to stronger-than-expected earnings.
Debt Reduction
Operating cash flow of $167 million allowed Hillenbrand to reduce leverage to 3.3x, down from 3.5x.
MTS Orders Improvement
The Molding Technology Solutions segment saw orders improve year-over-year and sequentially, primarily driven by injection molding equipment demand.
Board and Sustainability Initiatives
Hillenbrand announced board changes and published its first TCFD report, showing commitment to governance and sustainability.
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Hillenbrand (HI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 13, 2024
$29.96
$33.46
+11.68%
Aug 07, 2024
$37.44
$35.88
-4.17%
Apr 30, 2024
$46.76
$40.59
-13.20%
Feb 05, 2024
$45.46
$43.27
-4.82%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hillenbrand Inc (HI) report earnings?
Hillenbrand Inc (HI) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Hillenbrand Inc (HI) earnings time?
Hillenbrand Inc (HI) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.