Hill-Rom Holdings (HRC) Releases Earnings Results, Beats Expectations By $0.01 EPS

Hill-Rom Holdings (HRC) reported quarterly earnings results on Friday, Apr-29-2016. The company said it had a profit of $0.71 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.70. The company posted revenue of $632.60 million in the period, compared to analysts expectations of $651.80 million. The company’s revenue was up 33.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.

Hill-Rom Holdings opened for trading at $54.4 and hit $54.57 on the upside on Wednesday, eventually ending the session at $54.39, with a gain of 0.15% or 0.08 points. The heightened volatility saw the trading volume jump to 3,99,414 shares. Company has a market cap of $3,553 M.

In a different news, on Mar 16, 2015, Richard G Keller (VP, Controller & CAO) sold 4,996 shares at $48.42 per share price. According to the SEC, on Feb 12, 2015, Alton Shader (Sr VP & Pres Post Acute Care) sold 15,253 shares at $46.30 per share price.

Hill-Rom Holdings Inc. (Hill-Rom) is a medical technology company. The Company partners with health care providers in more than 100 countries by focusing on patient care solutions that improve clinical and economic outcomes in five core areas: Advancing Mobility Wound Care and Prevention Clinical Workflow Surgical Safety and Efficiency and Respiratory Health. The Company operates in three segments: North America Surgical and Respiratory Care and International. North America segment sells and rents its patient support and near-patient technologies and services as well as its clinical workflow solutions in the United States and Canada. Surgical and Respiratory Care segment sells and rents its surgical and respiratory care products globally. International segment sells and rents similar products as its North America segment in regions outside of the United States and Canada.

Hill-Rom Holdings

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