Tag: Hillenbrand Industries

Finance

Batesville notes from Hillenbrand Industries Quarterly Report

Last week Hillenbrand Industries reported their Fiscal Year 4th Quarter of 2022 and their Year End results for Fiscal Year 2022.  It is noted that Hillenbrand operates on an annual fiscal year calendar from October 1 to September 30. Over the years Hillenbrand has moved from a company predominantly based in the death care business via their operation of Batesville to a more well-defined manufacturing industry conglomerate with Batesville as a minority representative of sales and profits.  For instance, 4Q22 […]

Finance

Death Care Index falls, trails market indexes on the year

I had planned this article subject for this date simply because we have now finished the 2nd Quarter reports for all seven death care related companies that comprise the Funeral Director Daily Death Care Index (DCI). I hesitated, but then continued to move forward with this report on the public death care companies in spite of pretty negative news from the Jackson Hole economic summit which brought the markets quite a bit south on Friday. I’ve often felt that when […]

Finance

Batesville casket sales, margins both drop

  Hillenbrand Industries, parent company of Batesville Casket, reported their Fiscal Year 2022 1st Quarter last week. The First Quarter of their fiscal year represents the months of October, November, and December 2021.  You can read the entire report on the company’s 1Q 2022 here. While Hillenbrand Industries is a conglomerate of companies, they still report their Batesville operating segment separately and that is what is of interest to us at Funeral Director Daily. For the 1st Quarter of Fiscal […]

Finance

Hillenbrand reports 1Q 2021. . .Batesville sales soar 30%

In the world that we are living in, it is certainly not unexpected, but to see Batesville’s sales soar 30% for the October, November, and December quarter is both mind boggling and sobering. It is, in my opinion, mind boggling simply to see any company, without a major acquisition, grow their sales by 30% in a fiscal quarter.  And, it is sobering, because in the COVID-19 pandemic world, we all know the major reason while Batesville has had this growth. […]

Finance

Death Care Index still lags the market

We checked into Funeral Director Daily’s proprietary Death Care Index (DCI) after the markets closed on Monday, the last day of November.  That check-in allowed us to take a look at the eight stocks that make up the DCI and see where they were individually and as a group and how that group compared to the Dow Jones average, the S & P 500, and the technology based Nasdaq. And, while the Dow Jones counted November 2020 as its best […]

Business

Swimming against the stream

To understand me you have to understand that I was somewhat, especially when it came to business, a data geek even before data and the term “data analytics” became in vogue.  When my wife and I were married in 1988 – and I was hatching all kinds of business opportunities outside of the funeral realm, my wife once told me, “When you die, I’m going to bury you with a calculator in your hands.” On that wave I just started […]

Finance

What’s up with Hillenbrand

As a saver I keep what investments I have in separate buckets.  I have a bucket for my 401k, I have a bucket that generates current income, and I have a bucket where I hold stocks with the philosophy that these stocks “will be worth more in ten years than they are worth today”.  The idea of that last bucket is stocks that have been bought to hold and grow and no tax (except for dividends) is required on them […]

Finance

Hillenbrand Reports Earnings – Casket Revenues Drop 6%

Hillenbrand Industries reported fiscal 3rd Quarter 2018 results last week and while positive for the company as a whole, the Batesville Casket Division reported revenue decreases for the quarter of 6%.  The company, as a whole, delivered earnings of $0.57 per share as compared to analysts estimates of $0.56 per share. You can see their report here. The company, which has really transformed itself since 2008 as an industrial processing company, reported revenue increases of 13% for both the quarter […]

Finance

Funeral Stocks Announce Dividends

It may be Presidents’ Day today, but at Funeral Director Daily it feels a little more like Finance Day.  We have already let you know about Carriage Services 4th  quarter and year end results and on how their stock fared on Friday after the announcement. We just came across a little bit of finance information that we thought it better to include today rather than wait for tomorrow – when the ticker prices will be different.  Last week three of […]

Finance

Hillenbrand Reports 1st Quarter, Revises Adjusted EPS Upward

Hillenbrand Industries reported 1st Quarter 2018 earnings on January 31.  You can read the company’s press release here. President Joe Raver made the following comment, “We are off to a strong start for 2018 with continued momentum in the Process Equipment Group.  We remain closely aligned with our customers by providing applications expertise and high engineered product solutions to solve their most challenging business needs.  As a result, we delivered continued revenue growth, strong operating leverage, and a solid order […]