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Stock impact report

Hillenbrand Reports Fiscal First Quarter 2025 Results and Announces Sale of Majority Stake in Milacron Injection Molding and Extrusion Business [Yahoo! Finance]

Hillenbrand Inc (HI) 
Last hillenbrand inc earnings: 2/5 06:07 pm Check Earnings Report
Company Research Source: Yahoo! Finance
PR Newswire Wed, February 5, 2025 at 10:17 PM GMT+1 23 min read In This Article HI Updates Full Year Guidance to Reflect Transaction; Maintains Outlook for Remaining Businesses BATESVILLE, Ind. Feb. 5, 2025 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, reported results for the fiscal first quarter, which ended December 31, 2024 , and announced the majority sale of its Milacron injection molding and extrusion business, within the Molding Technology Solutions (MTS) segment, to an affiliate of Bain Capital. Reported results for the fiscal first quarter include Milacron in both the consolidated and MTS results. Hillenbrand's annual guidance has been updated to reflect the impact of the transaction. Revenue of $707 million decreased 9% compared to prior year, in line with Company expectations GAAP EPS of decreased from in the prior year; adjusted EPS of decreased 19% compared to prior year, Show less Read more
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