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

Hubbell

01/05/2025 14:32

Hubbell Inc HUBB.N reported quarterly adjusted earnings of $3.50​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.60.  The mean expectation of thirteen analysts for the quarter was for earnings of $3.72 per share. Wall Street expected results to range from $3.65  to $3.84 per share.

Revenue fell 2.4% to $1.37 billion from a year ago; analysts expected $1.39 billion.

Hubbell Inc's reported EPS for the quarter was $3.15​.

The company reported quarterly net income of $169.4 million.

Hubbell Inc shares had risen by 9.8% this quarter and lost 13.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.7% in the last three months.​

In the last 30 days, two 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 $416.50

This summary was machine generated from LSEG data May 1 at 01:32 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
Mar. 31 2025
3.72
3.50
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