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Dec 31, 2021
Hillenbrand Q1 2022 Earnings Report
Hillenbrand's fiscal first quarter 2022 results were reported, showing revenue growth and strategic progress.
Key Takeaways
Hillenbrand reported a solid start to fiscal year 2022, with revenue increasing by 5% to $728 million. Demand for industrial products and solutions remained healthy, and the company focused on mitigating the impact of inflation and supply chain disruptions.
Revenue of $728 million increased 5% compared to prior year; pro forma revenue of $726 million increased 9%.
GAAP EPS of $0.67 decreased 34% compared to the prior year primarily due to the gain on the sale of Red Valve during fiscal year 2021; adjusted EPS of $0.94 decreased 2% primarily due to inflation.
Total backlog of $1.72 billion, up 30% compared to prior year on a pro forma basis.
New $300 million share repurchase program approved on December 2, 2021.
Revenue by Segment
Forward Guidance
Hillenbrand is updating its annual guidance for fiscal year 2022 and providing adjusted EPS guidance for fiscal Q2. The company expects full year adjusted EPS to be in the range of $3.80 - $4.00 and Q2 adjusted EPS of $0.96 - $1.02.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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