Hubbell Inc expected to post earnings of $3.57 a share - Earnings Preview

Hubbell

26/01/2024 14:03

* Hubbell Inc  HUBB.N   HUBB.K  is expected to show a rise
in
quarterly revenue when it reports  results on January 30 for the
period ending December 31 2023
    * The Shelton Connecticut-based  company is expected to
report a
8.0% increase in revenue to $1.317 billion from $1.22 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Hubbell Inc is for
earnings of
$3.57 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 6
"hold" and 1 "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
$343.00​, above​ its last closing price of $333.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  4.06        4.05       3.95      Missed  -2.6
 Jun. 30 2023  3.73        3.72       4.07      Beat    9.4
 Mar. 31 2023  2.47        2.47       3.61      Beat    45.9​
 Dec. 31 2022  2.38        2.38       2.60      Beat    9.4
 ​​Sep.        2.77        2.71       2.88      Beat    6.3
 30 2022                                                
 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
 This summary was machine generated January 26 at 14:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)