Hubbell Inc reports results for the quarter ended December 31 - Earnings Summary

Hubbell

04/02/2025 14:31

* Hubbell Inc  HUBB.N  reported quarterly adjusted earnings
of
$4.10​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of
$3.69.  The mean expectation of thirteen analysts for the
quarter was for earnings of $4.02 per share. Wall Street
expected results to range from $3.95  to $4.12 per share.
    * Revenue fell 0.9% to $1.33 billion from a year ago;
analysts
expected $1.41 billion. 
    * Hubbell Inc's reported EPS for the quarter was $3.64​.
    * The company reported quarterly net income of $197 million.
    * Hubbell Inc shares had fallen by 2.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Hubbell Inc is
$470.50 
This summary was machine generated from LSEG data February 4 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      4.02           4.10           Beat
 Sep. 30 2024      4.45           4.49           Beat
 Jun. 30 2024      4.24           4.37           Beat
 Mar. 31 2024      3.54           3.60           Beat