Hubbell Inc logo

HUBB - Hubbell Inc News Story

$146.63 -0.4  -0.3%

Last Trade - 13/08/20

Sector
Industrials
Size
Large Cap
Market Cap £6.09bn
Enterprise Value £7.06bn
Revenue £3.33bn
Position in Universe 869th / 6381

BRIEF-Hubbell Reports Q3 Adjusted Earnings Per Share $2.34

Tue 29th October, 2019 11:51am
Oct 29 (Reuters) - Hubbell Inc  HUBB.N :
    * HUBBELL REPORTS THIRD QUARTER 2019 RESULTS
    * Q3 ADJUSTED EARNINGS PER SHARE $2.34
    * Q3 EARNINGS PER SHARE $2.38
    * Q3 EARNINGS PER SHARE ESTIMATE $2.27 -- REFINITIV IBES
DATA
    * Q3 NET SALES UP 2% (ORGANIC +3%, DIVESTITURE -1%)
    * TIGHTEN FY19 ADJUSTED DILUTED EPS TO $7.95-$8.10
    * SEES 2019 GAAP DILUTED EPS OF $6.95-$7.10
    * NOW ANTICIPATES 2019 END MARKETS WILL GROW APPROXIMATELY
2%
    * QTRLY NET SALES $1.20 BILLION VERSUS $1.18 BILLION
    * HUBBELL - RESIDENTIAL MARKETS WAS OFFSET BY WEAKNESS IN
LIGHTING
NATIONAL ACCOUNT BUSINESS AND SOFTENING IN HEAVY INDUSTRIAL
MARKETS

Source text for Eikon:  ID:nGNX8XyPfh 
Further company coverage:  HUBB.N 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.