NYSE$HI
Hillenbrand Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Hillenbrand reported solid results driven by strong growth within Molding Technology Solutions and COVID-19 related demand at Batesville.
Hillenbrand's Q2 2021 results showed an 11% increase in revenue to $722 million, driven by Molding Technology Solutions and COVID-19 related demand at Batesville. GAAP EPS was $1.03, and adjusted EPS increased 40% to $0.98. The company's backlog increased 30% year over year to a record $1.52 billion.
- Revenue increased 11% year over year to $722 million, with pro forma revenue up 18%.
- GAAP EPS was $1.03, compared to a loss of $0.99 in the prior year, while adjusted EPS increased 40% to $0.98.
- Backlog increased 30% year over year to a record $1.52 billion.
- Cash flow from operations increased to $193 million, and net leverage decreased to 1.7x.
Headline financials
Revenue & EPS history
Hillenbrand · Revenue · Quarterly
$722M
Revenue by segment
Hillenbrand · $556M total across 2 segments · Q2 2021
- Advanced Process Solutions$301M—54.1%
- Molding Technology Solutions$255M—45.9%
Forward guidance
Hillenbrand is providing guidance for the fiscal third quarter 2021. Total quarterly revenue expected to be between $665 and $695 million, or increase 13% - 17% year over year on a pro forma basis which excludes Red Valve and ABEL. Adjusted EPS of $0.70- $0.80.
Tailwinds
- Total quarterly revenue expected to be between $665 and $695 million
- Advanced Process Solutions revenue expected to be between $312 and $326 million
- Molding Technology Solutions expected to be between $228 and $239 million
- Adjusted EPS of $0.70- $0.80
- Total quarterly revenue expected to increase 13% - 17% year over year on a pro forma basis which excludes Red Valve and ABEL
Headwinds
- Continued uncertainties regarding the duration and severity of the COVID-19 pandemic including vaccine rollout and effectiveness
- Resurgence of the virus in various parts of the world
- Supply chain uncertainties
- Assumes a gradual stabilization of the global economy continues
- Assumes no significant increase in pandemic-related disruptions to the Company’s businesses
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 8 quarterly earnings reports
-0.6%
Avg return
Earnings day
-0.9%
Avg return
5 days after
-3.7%
Avg return
30 days after
45%
29 / 64 earnings
Positive
+18.5%
Q3 2025
Best reaction
-16.3%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | — | — | — | |
| Q4 2025 | +0.0% | +0.3% | +0.1% | |
| Q3 2025 | +18.5% | +26.8% | +29.6% | |
| Q2 2025 | -10.6% | -9.5% | -13.8% | |
| Q1 2025 | -7.3% | +1.1% | -18.7% | |
| Q4 2024 | +9.8% | +5.3% | +4.9% | |
| Q3 2024 | -6.9% | -14.0% | -25.7% | |
| Q2 2024 | -16.3% | -14.5% | -7.4% | |
| Q1 2024 | -6.6% | -2.6% | +1.1% | |
| Q4 2023 | -3.6% | — | — | |
| Q3 2023 | -6.3% | — | — | |
| Q2 2023 | -4.5% | — | — | |
| Q1 2023 | -6.1% | — | — | |
| Q4 2022 | +6.0% | — | — | |
| Q3 2022 | -0.1% | — | — | |
| Q2 2022 | -4.2% | — | — | |
| Q1 2022 | +0.8% | — | — | |
| Q4 2021 | +0.5% | — | — | |
| Q3 2021 | +0.7% | — | — | |
| Q2 2021 | -7.2% | — | — | |
| Q1 2021 | +0.1% | — | — | |
| Q4 2020 | +0.3% | — | — | |
| Q3 2020 | +6.5% | — | — | |
| Q2 2020 | +1.6% | — | — | |
| Q1 2020 | -2.1% | — | — | |
| Q4 2019 | -1.8% | — | — | |
| Q3 2019 | -7.3% | — | — | |
| Q2 2019 | -5.8% | — | — | |
| Q1 2019 | +6.5% | — | — | |
| Q4 2018 | -2.8% | — | — | |
| Q3 2018 | +4.0% | — | — | |
| Q2 2018 | -5.3% | — | — | |
| Q1 2018 | +2.6% | — | — | |
| Q4 2017 | +9.0% | — | — | |
| Q3 2017 | +0.4% | — | — | |
| Q2 2017 | +3.1% | — | — | |
| Q1 2017 | -3.1% | — | — | |
| Q4 2016 | +2.7% | — | — | |
| Q3 2016 | -0.7% | — | — | |
| Q2 2016 | -0.6% | — | — | |
| Q1 2016 | -6.4% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2015 | +5.7% | — | — | |
| Q2 2015 | +10.5% | — | — | |
| Q1 2015 | -6.4% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | +1.4% | — | — | |
| Q2 2014 | -2.0% | — | — | |
| Q1 2014 | +7.0% | — | — | |
| Q4 2013 | +2.7% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | -2.6% | — | — | |
| Q1 2013 | -1.0% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q3 2012 | +2.1% | — | — | |
| Q2 2012 | +1.4% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2011 | +7.0% | — | — | |
| Q3 2011 | -8.4% | — | — | |
| Q2 2011 | -0.9% | — | — | |
| Q1 2011 | -0.7% | — | — | |
| Q4 2010 | -4.7% | — | — | |
| Q3 2010 | -4.8% | — | — | |
| Q3 2009 | -4.8% | — | — | |
| Q2 2010 | +1.6% | — | — |
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