Hill-Rom Sees Q1 Revenue Above Consensus

(RTTNews) - Hill-Rom Holdings, Inc. (HRC) said Wednesday that it expects to report revenue of about $465 million for the first quarter ended December 31, 2014, an increase of about 18% compared to last year.

Analysts polled by Thomson Reuters expect the company to post revenue of $453.59 million for the first quarter.

The company's North America Acute Care revenue grew about 10% to about $225 million. International segment revenue fell 9% to about $114 million, due mainly to delayed tenders in Europe.

Surgical and Respiratory Care revenue doubled to about $126 million in the first quarter, mainly due to the acquisition of Trumpf Medical, which closed August 1, 2014.

Hill-Rom will release its full first quarter results and financial outlook on February 3, 2015.