BATESVILLE, Ind. (AP) — BATESVILLE, Ind. (AP) — Hillenbrand Inc. (HI) on Tuesday reported a loss of $40.9 million in its fiscal second quarter.
The Batesville, Indiana-based company said it had a loss of 58 cents per share. Earnings, adjusted for one-time gains and costs, came to 60 cents per share.
The diversified industrial company specializing in business-to-business products posted revenue of $715.9 million in the period.
For the current quarter ending in June, Hillenbrand expects its per-share earnings to range from 46 cents to 53 cents.
The company said it expects revenue in the range of $569 million to $583 million for the fiscal third quarter.
Hillenbrand expects full-year earnings in the range of $2.10 to $2.45 per share, with revenue ranging from $2.56 billion to $2.62 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HI at https://www.zacks.com/ap/HI
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