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Hubbell Inc reports results for the quarter ended June 30 - Earnings Summary

Hubbell Inc HUBB.N reported quarterly adjusted earnings of $4.93​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $4.37.  The mean expectation of thirteen analysts for the quarter was for earnings of $4.41 per share. Wall Street expected results to range from $4.25  to $4.78 per share.

Revenue rose 2.2% to $1.48 billion from a year ago; analysts expected $1.51 billion.

Hubbell Inc's reported EPS for the quarter was $4.56​.

The company reported quarterly net income of $244.2 million.

Hubbell Inc shares had risen by 7.3% this quarter and gained 4.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 6% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

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 $428.50, about 2.3% below its last closing price of $438.31

This summary was machine generated from LSEG data July 29 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20254.414.93Beat
Mar. 31 20253.723.50Missed
Dec. 31 20244.024.10Beat
Sep. 30 20244.454.49Beat

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