Hubbell Reports Third Quarter 2024 Results
Hubbell Inc (HUBB)
Last hubbell inc earnings: 4/30 07:30 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=127129&p=irol-irhome
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Source: GlobeNewswire
Shelton, CT, Oct. 29, 2024 (GLOBE NEWSWIRE) -- HUBBELL REPORTS THIRD QUARTER 2024 RESULTS 3Q diluted EPS of $4.05; adjusted diluted EPS of $4.49 (up 14% y/y)3Q net sales +5% (organic -1%; net M&A +6%)3Q operating margin 21.1%; adjusted operating margin 23.2% (+180 bps y/y)2024 diluted EPS outlook of $14.20-$14.40Raising 2024 adj. diluted EPS outlook to $16.35-$16.55 SHELTON, CT. (October 29, 2024) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the third quarter ended September 30, 2024. “Hubbell delivered strong operating performance in the third quarter, generating solid operating margin expansion and double digit growth in operating income” said Gerben Bakker, Chairman, President and CEO. Mr. Bakker continued, “In our Utility Solutions segment, transmission, substation and grid protection and controls markets were strong as utility customers invest to accommodate load growth and interconnect new sources of renewable generation. As anticip
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HUBB
News
- Hubbell Incorporated (NYSE: HUBB) had its price target raised by analysts at Barclays PLC from $402.00 to $475.00. They now have an "equal weight" rating on the stock.MarketBeat
- Hubbell Incorporated (NYSE: HUBB) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Hubbell Incorporated (NYSE: HUBB) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating. They now have a $473.00 price target on the stock, down previously from $493.00.MarketBeat
- Hubbell Incorporated (NYSE: HUBB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Hubbell: Low Requirements To Continue Growth, Watching Valuations Closely [Seeking Alpha]Seeking Alpha
HUBB
Earnings
- 10/29/24 - Beat
HUBB
Sec Filings
- 12/12/24 - Form 4
- 12/5/24 - Form 4
- 11/21/24 - Form 4
- HUBB's page on the SEC website