Hubbell Reports Fourth Quarter and Full Year 2022 Results

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JPMorgan Upgrades Hubbell (HUBB) to Neutral

February 1, 2023 5:58 AM EST

JPMorgan analyst C. Stephen Tusa Jr. upgraded Hubbell (NYSE: HUBB) from Underweight to Neutral with a price target of $205.00 (from $200.00).

The analyst comments "We upgrade HUBB from Underweight to Neutral following a 4Q print that missed on sales but was in line on core profits, and a 2023 guide that was in line with consensus but below our forecast and what we believe were overly optimistic expectations in the Fall. With the stock having derated... More

Hubbell Inc. (HUBB) Tops Q4 EPS by 21c, Offers Guidance

January 31, 2023 7:33 AM EST

Hubbell Inc. (NYSE: HUBB) reported Q4 EPS of $2.60, $0.21 better than the analyst estimate of $2.39. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

Hubbell Inc. sees FY2023 EPS of $11.00-$11.50, versus the consensus of... More