Hillenbrand Q4 Profit Meets Estimate; Sees FY15 EPS Below Consensus

(RTTNews) - Hillenbrand, Inc. (HI) reported net income for the fourth quarter of $23.6 million or $0.37 per share, compared to $23.1 million or $0.37 per share for the year-ago quarter.

Excluding items, adjusted net income for the latest quarter was $39.2 million or $0.61 per share.

Net revenue for the fourth quarter rose 6% to $468.7 million from $440.9 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.61 per share on revenue of $469.10 million for the fourth quarter. Analysts' estimates typically exclude special items.

Looking forward to fiscal year 2015, the company forecasts revenue growth of 2%-4% on a constant currency basis and adjusted earnings of $2.05 to $2.15 per share. Analysts currently expect the company to earn $2.23 per share for the fiscal year 2015.