Hillman is set to report its second-quarter earnings this Monday afternoon. Analysts expect revenue to grow 8.4% year on year, an acceleration from the 6.2% increase recorded in the same quarter last year. The company missed revenue expectations last quarter, reporting $370.1 million, up 3% year on year, with EPS in line with estimates but EBITDA below forecasts. Hillman has missed Wall Street revenue estimates multiple times over the past two years, though analyst estimates have been largely reconfirmed over the last 30 days. Peers Stanley Black & Decker and Fortive have already reported, with Stanley Black & Decker posting flat revenue that met expectations and Fortive beating estimates with 7.9% growth. Hillman shares are down 1.1% over the last month, and the stock heads into earnings with an average analyst price target of $12 compared to a current price of $7.87.
Hillman Solutions CorpHillman is about to report Q2 earnings; analysts expect revenue growth but past misses and low price target create uncertainty.
Stanley Black & Decker Inc
Fortive Corp