Benzinga | Jul 30, 2021 07:04AM EDT

Hillrom Sees Q4 Adj. EPS $1.44-$1.48 vs $1.45 Est.; Sees FY21 Adj. EPS $6.08-$6.10 vs $6.06 Est.

2021 Financial Outlook:

For the full year, Hillrom now expects revenue to increase 3 percent to 4 percent on a reported basis. In addition, the company now expects adjusted earnings, excluding special items, of $6.08 to $6.12 per diluted share and operating cash flow of approximately $480 million. This compares to the company's previous guidance of reported revenue growth of 1 percent to 3 percent, adjusted earnings of $6.00 to $6.10 per diluted share and operating cash flow of $440 to $460 million.

For the fiscal fourth quarter 2021, Hillrom expects revenue to increase 6 percent to 7 percent on a reported basis, and adjusted earnings, excluding special items, of $1.44 to $1.48 per diluted share.

The ongoing scope and evolution of the pandemic remains uncertain and could present pandemic-related risks or opportunities that may require updates to the fiscal 2021 guidance ranges provided today.