Hubbell Inc expected to post earnings of $2.38 a share - Earnings Preview

Hubbell

27/01/2023 14:10

* Hubbell Inc  HUBB.N   HUBB.K  is expected to show a rise
in
quarterly revenue when it reports  results on January 31. 
    * The Shelton Connecticut-based  company is expected to
report  a
12.5% increase in revenue to $1.238 billion from $1.1 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hubbell Inc is for
earnings of $2.38 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hubbell Inc
is
$230.5​, below​ its last closing price of $230.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  2.77        2.71       2.88      Beat    6.3
 Jun. 30 2022  2.42        2.41       2.81      Beat    16.4
 Mar. 31 2022  1.85        1.85       2.12      Beat    14.7​
 Dec. 31 2021  2.08        2.10       2.07      Missed  -1.6
 ​​Sep.        2.32        2.34       2.24      Missed  -4.3
 30 2021                                                
 Jun. 30 2021  2.18        2.16       2.36      Beat    9.3​
 Mar. 31 2021  1.64        1.65       1.72      Beat    4.5
 Dec. 31 2020  1.80        1.77       1.76      Missed  -0.5
 This summary was machine generated January 27 at 14:10 GMT.  All
figures in US dollars  unless otherwise stated