Recap: Hillenbrand Q1 Earnings

Hillenbrand 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.

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.

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).

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.