Hillman Sees 6.5% Q4 Revenue Growth to $372.4M, EPS $0.10 Expected
Hillman posted Q3 revenues of $424.9M, up 8% YoY, beating analysts’ EBITDA and adjusted operating income forecasts. Analysts expect Q4 revenue of $372.4M, up 6.5% YoY, and adjusted EPS of $0.10, with five revenue estimate misses in the past two years.
1. Q3 Performance
Hillman delivered Q3 revenues of $424.9 million, representing an 8% year-on-year increase. The company surpassed analysts’ EBITDA and adjusted operating income estimates significantly.
2. Q4 Analyst Projections
Analysts forecast Q4 revenue of $372.4 million, a 6.5% year-over-year gain, with adjusted earnings of $0.10 per share. These projections align with estimates held steady over the past month.
3. Historical Revenue Forecasts
Hillman has missed Wall Street revenue estimates five times over the last two years, highlighting execution risks despite growth trends.
4. Peer Performance and Sentiment
In the professional tools segment, Kennametal posted 9.8% revenue growth and Fortive 4.6%, both beating estimates. Peer stocks have risen over 7% on average, compared to Hillman’s 5.7% gain in the past month.