BATESVILLE, Ind. (AP) _ Hillenbrand Inc. (HI) on Wednesday reported fiscal third-quarter earnings of $30.4 million.
On a per-share basis, the Batesville, Indiana-based company said it had net income of 48 cents. Earnings, adjusted for one-time gains and costs, were 57 cents per share.
The diversified industrial company specializing in business-to-business products posted revenue of $446.6 million in the period.
Hillenbrand expects full-year earnings in the range of $2.40 to $2.46 per share.
Hillenbrand shares have fallen 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.71, a decline of 33% in the last 12 months.