Overview

* Hillenbrand ( HI ) fiscal Q3 rev falls 24% yr/yr, driven by MIME divestiture

* Adjusted EPS for fiscal Q3 beats consensus despite a 40% yr/yr decline

* Co achieved $30 mln cost synergies from Linxis and FPM acquisitions

Outlook

* Hillenbrand ( HI ) maintains full-year adjusted EPS midpoint at $2.20-$2.35

* Company expects fiscal 2025 adjusted EBITDA of $370 mln-$385 mln

Result Drivers

* MIME DIVESTITURE - Revenue decreased 24% yr/yr primarily due to MIME divestiture

* COST SYNERGIES - Achieved $30 mln cost synergies from Linxis and FPM acquisitions earlier than planned

* TARIFF IMPACT - Customer purchasing decisions delayed due to dynamic tariff landscape

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $0.51 $0.49 (4

Adjusted Analysts

EPS )

Q3 Net $2 mln

Income

Q3 Miss $84 mln $85.40

Adjusted mln (4

EBITDA Analysts

)

Q3 15.8%

Adjusted

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

* Wall Street's median 12-month price target for Hillenbrand Inc ( HI ) is $34.00, about 42% above its August 8 closing price of $19.72

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)