Will Hill-Rom Holdings, Inc. (NYSE:HRC) miss earning estimates again?

Hill-Rom Holdings, Inc. (NYSE:HRC) is projected to declare fiscal second quarter financial results right before the stock market’s official open on April 26, 2017. The stock added about 12.6 percent in price since last results when it was at $59.85 a share. Based on the most relevant past-periods data, there is an 57.14 percent probability for this firm’s share price to go up following next quarterly results. Earnings reaction history tells us that the equity price moved up 16 times out of last 28 reported quarters. It has beaten earnings-per-share estimates 75% of the time in its last 12 earnings reports. It fell short of earnings estimates on 1 occasions, and it has met expectations 2 times.

Here’s how traders responded to HRC earnings announcements over the past few quarters.

Hill-Rom Holdings, Inc. (HRC) Earnings Surprises & Reaction

Given its history, the average earnings announcement surprise was 3.11 percent over the past four quarters. Back on January 27, 2017, it posted earnings per-share earnings at $0.75 which came in line with the consensus $0.75 projection (no surprise). For the quarter, revenue came in at 637.4M versus consensus estimate of 654.12M. The stock dropped -0.37 percent the session following the earnings reports were released, and on 7th day price change was -0.5 percent.

On November 3, 2016, it reported earnings at $1.18 a share compared with the consensus estimate of $1.13 per share (positive surprise of 4.42%). Revenue of 706M for that quarter was above the $701.39M analysts had expected. The stock climbed 4.16% the day following the earnings announcement, and on 7th day price change was -0.34%.

On August 4, 2016, it recorded $0.81 a share in earnings which topped the consensus estimate of $0.76 (positive surprise of 6.58%). Revenue for the quarter was $655.4M while analysts called for revenues to be $646.61M. The stock gained 0.09% the day following the earnings data was made public, and on 7th day price change was 5.91%.

On April 29, 2016, it announced earnings per share at $0.71 versus the consensus estimate of $0.7 per share (positive surprise of 1.43%). That came on revenues of $632.6M for that period. Analysts had expected $651.8M in revenue.

Hill-Rom Holdings, Inc. Earnings Estimates

As Q2 earnings announcement date approaches, Wall Street is expecting earnings per share of $0.9. The analysts’ present consensus range is $0.82-$1 for EPS. The market consensus range for revenue is between $654.79M and $693.9M, with an average of $671.9M.

Hill-Rom Holdings, Inc. (NYSE:HRC) last ended at $68.29, sending the company’s market cap near $4.46B. The consensus 12-month price target from analysts covering the stock is $70.67. The share price has declined 0.89% from its top level in 52 weeks and dropped 21.64% this year. It recently traded in a range of $67.08-$68.39 at a volume of 419843 shares. The recent trading ended with the price nearly 3.83 higher for the last 5 trading days, rebounding 51.57% from its 52-week low.

 

Iris Howard: