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

Hubbell

25/10/2022 14:32

* Hubbell Inc  HUBB.N  reported quarterly adjusted earnings
of
$2.88​​ per share for the quarter ended in September. The mean
expectation of nine analysts for the quarter was for earnings of
$2.71 per share.
    * Revenue rose 8.5% to $1.32 billion from a year ago;
analysts
expected $1.25 billion. 
    * Hubbell Inc's reported EPS for the quarter was $2.57​.
    * The mean earnings estimate of analysts had risen by
about 8.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Hubbell Inc shares had risen by 0.1% this quarter and
gained 7.2% so far this year.
    * The company reported quarterly net income of $139.1
million.
    * Wall Street's median 12-month price target for Hubbell Inc
is
$219.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
25 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      2.71           2.88           Beat
 Jun. 30 2022      2.41           2.81           Beat
 Mar. 31 2022      1.85           2.12           Beat
 Dec. 31 2021      2.10           2.07           Missed