HI News and Press, Hillenbrand Inc From 02/04/21

Image source: The Motley Fool. Hillenbrand Inc (NYSE: HI) Q1 2021 Earnings Call Feb 4, 2021 , 8:00 a.m. ET Operator Continue reading For further details see: Hillenbrand Inc (HI) Q1 2021 Earnings Call Transcript

Hillenbrand, Inc. (HI) Q1 2021 Earnings Conference Call February 04, 2021 8:00 AM ET Company Participants Kaveh Bakhtiari - Senior Director of Investor Relations Joe Raver - President & Chief Executive Officer Kristina Cerniglia - Senior Vice President & Chief Financial Officer Confer...

The following slide deck was published by Hillenbrand, Inc. in conjunction with their 2021 Q1 earnings call. For further details see: Hillenbrand, Inc. 2021 Q1 - Results - Earnings Call Presentation

Hillenbrand (HI): FQ1 Non-GAAP EPS of $0.96 beats by $0.29; GAAP EPS of $1.01 beats by $0.41.Revenue of $693M (+22.2% Y/Y) beats by $45.85M.Record backlog (results exclude Red Valve) increased 32% Y/Y.Total quarterly revenue expected to increase 12% to 16% in FQ2 while adj. EPS of 0.85 -...

Hillenbrand Reports Fiscal First Quarter 2021 Results PR Newswire BATESVILLE, Ind. , Feb. 3, 2021 /PRNewswire/ -- Fiscal First Quarter 2021 Highlights: Revenue of $693 million was 22% higher year over year driven by strong COVID-19 related d...

Hillenbrand Schedules First Quarter 2021 Earnings Call for February 4, 2021 PR Newswire BATESVILLE, Ind. , Jan. 19, 2021 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, February 4, 2021 , at...

IDEX ([[IEX]] -0.2%) to acquire Abel Pumps and certain of its affiliates from Hillenbrand ([[HI]] -0.7%) for cash consideration of $103.5M.Transaction is expected to close in Q1 2021.ABEL’s annual sales are ~$34M.“The acquisition of ABEL will provide a comple...

Hillenbrand Announces Definitive Agreement to Sell ABEL Pumps to IDEX Corporation - ABEL divestment further streamlines portfolio, in line with previously announced intent to exit flow control businesses - Enables greater focus on platform businesses and growth opportunities...

IDEX Corporation (NYSE:IEX) today announced that it has entered into a definitive agreement to acquire Abel Pumps, L.P., and certain of its affiliates (ABEL) from Hillenbrand, Inc. (NYSE: HI) for cash consideration of $103.5 million, before closing adjustments. ABEL designs ...

Through acquisitions over a 10-year period, Hillenbrand now operates under three reportable segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville (the legacy business). Hillenbrand went from being a high margin, low growth business, to a lower margin but h...