TITLE

Hillenbrand's 2nd-Quarter Earnings Show Batesville Performing Strong

AUTHOR(S)
Parmalee, Thomas A.
PUB. DATE
May 2013
SOURCE
Funeral Service Insider Newsletter;5/13/2013, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the second-quarter of 2013 earnings of Hillenbrand funeral homes which was four cents less than the average estimate of Wall Street. It says that the company's underperformance can be attributed to the units of its Process Equipment Group, Batesville Casket Co, which perfomed well during the quarter. It says that Batesville earned approximately $171 million due to the volume and rise in average sales price. INSET: Federated Reports Funeral Profits Inch Up to 6.1 Percent.
ACCESSION #
87597536

 

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