HI - Hillenbrand FQ1 results mixed co raises FY 2023 adj. EPS from cont ops guidance
- Hillenbrand press release ( NYSE: HI ): FQ1 Non-GAAP EPS of $1.00 beats by $0.20 .
- Revenue of $655.7M (+15.9% Y/Y) misses by $70.67M .
- Backlog of $1.96B increased 14%, or 5% organically compared to prior year.
- Sees FY23 adj. EPS from continuing operations of $3.25 to $3.55 vs. a previously provided implied guidance of $3.15 to $3.50. The consensus EPS estimate is $3.84.
- Sees fiscal Q2 adj. EPS from continuing operations of $0.65 to $0.73. The consensus EPS estimate is $0.94.
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Hillenbrand FQ1 results mixed, co raises FY 2023 adj. EPS from cont ops guidance