BATESVILLE, Ind. (AP) — BATESVILLE, Ind. (AP) — Hillenbrand Inc. (HI) on Wednesday reported fiscal first-quarter profit of $45.5 million.
On a per-share basis, the Batesville, Indiana-based company said it had profit of 65 cents. Earnings, adjusted for one-time gains and costs, were 70 cents per share.
The diversified industrial company specializing in business-to-business products posted revenue of $655.7 million in the period.
For the current quarter ending in March, Hillenbrand expects its per-share earnings to range from 65 cents to 73 cents.
The company expects full-year earnings in the range of $3.25 to $3.55 per share.
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