Hubbell Inc. (HUBB) Tops Q2 EPS by 13c; raises guidance

Hubbell Inc. (NYSE: HUBB) reported Q2 EPS of $4.37, $0.13 better than the analyst estimate of $4.24. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.48 billion.

The company now sees FY adjusted EPS between $16.20 and $16.50, versus the consensus of $16.32.

Hubbell anticipates full year 2024 total sales growth of 7-8% and organic net sales growth of approximately 3%, as compared to full year 2023. The Company anticipates acquisitions net of the residential lighting business divestiture contributing approximately 5% to full year sales growth.

For earnings history and earnings-related data on Hubbell Inc. (HUBB) click here.

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