Hillenbrand lowers FY25 EPS view to $2.10-$2.45 from $2.45-$2.80

Lowers FY25 revenue view to $2.555B-$2.620B from $2.625B-$2.79B. Hillenbrand (HI) is updating its annual guidance range to reflect backlog levels exiting the fiscal second quarter and the impact of tariffs, including the indirect impact of further order delays due to increased macroeconomic uncertainty. This outlook is based on tariff policy in place as of April 29 and assumes direct tariff impact of approximately $15M in EBITDA.