Hillenbrand Q1 Adj. Profit Tops View - Quick Facts

(RTTNews) - Hillenbrand Inc. (HI) reported that its first-quarter net income was $20.3 million or $0.32 per share, compared to $14.3 million or $0.23 per share, last year.

On an adjusted basis, net income was $21.9 million or $0.34 per share, down from $25.8 million, or $0.41 per share in the prior year quarter. On average, three analysts polled by Thomson Reuters expected the company to earn $0.33 per share. Analysts' estimates typically exclude special items.

Net revenue rose 26% to $384.9 million, from $305.2 million, last year, while three analysts expected revenue of $385.58 million for the quarter.