Hubbell Inc expected to post earnings of $4.24 a share - Earnings Preview

Hubbell

26/07/2024 14:50

* Hubbell Inc  HUBB.N   HUBB.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Shelton Connecticut-based  company is expected to
report a
8.3% increase in revenue to $1.479 billion from $1.37 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Hubbell Inc is for
earnings of
$4.24 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 7
"hold" and no "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
$412.50​, above​ its last closing price of $355.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001               3.54       3.60      Beat    1.7
 Dec. 31 0001              3.58       3.69      Beat    3.2
 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.        2.47        2.47       3.61      Beat    45.9
 31 2023                                                
 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. 30 2022  2.42        2.41       2.81      Beat    16.4
 This summary was machine generated July 26 at 13:50 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)