Brief: Hubbell Reports Fourth Quarter Results

Hubbell

31/01/2023 13:32

Jan 31 (Reuters) - Hubbell Inc  HUBB.N :
    * HUBBELL REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
    * Q4 EARNINGS PER SHARE $2.27
    * Q4 ADJUSTED EARNINGS PER SHARE $2.60
    * FY 2023 DILUTED EPS FROM CONTINUING OPERATIONS EXPECTED
RANGE OF
$10.00-$10.50
    * FY 2023 ADJUSTED DILUTED EPS OF $11.00-$11.50
    * FOR FULL YEAR 2023, HUBBELL ANTICIPATES TOTAL SALES GROWTH
OF
5-7% AND ORGANIC SALES GROWTH OF 4-6%
    * FY2023 EARNINGS PER SHARE VIEW $11.14 -- REFINITIV IBES
DATA
    * COMPANY EXPECTS FULL YEAR 2023 FREE CASH FLOW CONVERSION
OF 90
TO 95% OF ADJUSTED NET INCOME
    * QTRLY NET SALES OF $ 1,219.6 MILLION VERSUS $1,100.1
MILLION
    * Q4 REVENUE VIEW $1.24 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX4VTLj6 
Further company coverage:  HUBB.N 
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