Hillenbrand Q3 Profit Rises - Quick Facts

(RTTNews) - Hillenbrand, Inc. (HI) reported that its third-quarter net income increased to $32.8 million or $0.51 per share, from $13.3 million or $0.21 per share, last year. Adjusted earnings per share was $0.57 for the quarter.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.53 for the quarter. Analysts' estimates typically exclude special items. Net revenue increased to $416.8 million from $408.8 million, a year ago. Hillenbrand affirmed guidance with estimated full-year revenue expected to be approximately $1.7 billion. Adjusted earnings per share is projected to range from $2.00 to $2.10. Analysts expect the company to report fiscal 2014 earnings per share of $2.06.