Hubbell Inc expected to post earnings of $4.05 a share - Earnings Preview

Hubbell

27/10/2023 19:32

* Hubbell Inc  HUBB.N   HUBB.K  is expected to show a rise
in
quarterly revenue when it reports  results on October 31. 
    * The Shelton Connecticut-based  company is expected to
report  a
5.9% increase in revenue to $1.394 billion from $1.32 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 $4.05 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"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
$337.5​, above​ its last closing price of $281.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  2.77        2.71       2.88      Beat    6.3
 ​​Jun.        2.42        2.41       2.81      Beat    16.4
 30 2022                                                
 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. 30 2021  2.32        2.34       2.24      Missed  -4.3
 This summary was machine generated October 27 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated