NYSE$HI
Hillenbrand Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Hillenbrand reported a solid second quarter with increased revenue and adjusted EPS, driven by strong demand for industrial products and solutions.
Hillenbrand's fiscal second quarter 2022 results showed a 3% increase in revenue to $742 million and a 3% increase in adjusted EPS to $1.01. The company's total backlog increased by 14% to $1.7 billion. They reaffirmed full year adjusted EPS guidance of $3.80 to $4.00 and fiscal Q3 adjusted EPS of $0.83 to $0.90.
- Revenue increased by 3% to $742 million compared to the prior year, or 5% on a pro forma basis.
- GAAP EPS decreased 28% to $0.74, while adjusted EPS increased 3% to $1.01, primarily due to higher volume in Advanced Process Solutions.
- Total backlog increased 14% to $1.7 billion compared to the prior year on a pro forma basis.
- The company completed $67 million of share repurchases during the quarter and subsequently through May 5, 2022.
Headline financials
Revenue & EPS history
Hillenbrand · Revenue · Quarterly
$742M
Revenue by segment
Hillenbrand · $566M total across 2 segments · Q2 2022
- Advanced Process Solutions$315M+4.7%55.7%
- Molding Technology Solutions$251M-1.6%44.3%
Forward guidance
Hillenbrand is updating its annual guidance for fiscal year 2022 and providing adjusted EPS guidance for fiscal third quarter. Revenue and EBITDA margin guidance is on a pro forma basis, excluding the divested Red Valve, ABEL, and TerraSource businesses.
Tailwinds
- Reaffirming full year adj. EPS of $3.80 to $4.00
- Fiscal Q3 adj. EPS of $0.83 to $0.90
- Advanced Process Solutions Revenue $1,275 – $1,315 million, YOY 8 – 12%
- Molding Technology Solutions Revenue $1,015 – $1,045 million, YOY 2 – 5%
- Advanced Process Solutions Adj. EBITDA 20.0 – 21.0%, YOY 50 – 150 bps
Headwinds
- Batesville Revenue $605 – $615 million, YOY (3) – (1)%
- Total Hillenbrand Adj. EBITDA $516 – $558 million, YOY (3) – 4%
- Molding Technology Solutions Adj. EBITDA 20.0 – 21.0%, YOY (30) – 70 bps
- Batesville Adj. EBITDA 20.0 – 21.0%, YOY (570) – (470) bps
- Total Hillenbrand Revenue $2,895 – $2,975 million, YOY 4 – 6%
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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro