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

Hubbell

31/01/2023 14:32

* Hubbell Inc  HUBB.N  reported quarterly adjusted earnings
of
$2.60​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
$2.38 per share.
    * Revenue rose 10.9% to $1.22 billion from a year ago;
analysts
expected $1.24 billion. 
    * Hubbell Inc's reported EPS for the quarter was $2.27​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Hubbell Inc shares had fallen by 2.0% this quarter.
    * The company reported quarterly net income of $122.9
million.
    * Wall Street's median 12-month price target for Hubbell Inc
is
$230.50 
    * 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." 

This summary was machine generated from Refinitiv data January
31 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.38           2.60           Beat
 Sep. 30 2022      2.71           2.88           Beat
 Jun. 30 2022      2.41           2.81           Beat
 Mar. 31 2022      1.85           2.12           Beat