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Ron Austin of Ron Austin Law Awarded Peer AV Preeminent Rating from Martindale-Hubbell
Newsfile· 2025-04-04 07:55
Ron Austin of Ron Austin Law Awarded Peer AV Preeminent Rating from Martindale-HubbellThe award recognizes Ron Austin and the entire Ron Austin Law team for upholding the highest level of excellence in personal injury law.April 04, 2025 3:55 AM EDT | Source: PlentisoftHarvey, Louisiana--(Newsfile Corp. - April 4, 2025) - Ron Austin Law is proud to announce that its principal attorney, Ron Austin, has received the Peer AV Preeminent Rating from Martindale-Hubbell.Ron Austin of Ron Austin Law Aw ...
Hubbell to Participate in Upcoming Investor Conference
GlobeNewswire· 2025-03-06 22:10
Shelton, CT, March 06, 2025 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Bill Sperry, Chief Financial Officer, will appear at the J.P. Morgan 2025 Industrials Conference. The event will be webcast and is scheduled to begin at 12:15PM ET on Tuesday, March 11, 2025. The live audio of the event will be available and can be accessed by visiting Hubbell's Investor Relations section. You can also access this information by going to www.hubbell.com and selecting "Investors" from the o ...
Hubbell(HUBB) - 2024 Q4 - Annual Report
2025-02-13 13:19
Revenue Segments - Utility Solutions segment accounted for 64% of consolidated revenues in 2024, up from 61% in 2023 and 58% in 2022[15] - Electrical Solutions segment represented 36% of consolidated revenues in 2024, down from 39% in 2023 and 42% in 2022[18] - The company generated $187.1 million in sales from its residential lighting business in 2023, which was sold for $131 million in December 2023[20] Order Backlog - The backlog of orders at December 31, 2024, was $1,898 million, down from $2,328 million at December 31, 2023[29] Customer Base - Approximately 41% of net sales are attributed to the top ten customers, indicating a diverse customer base[24] - Top ten customers account for approximately 41% of Hubbell's net sales, indicating a diversified customer base[24] Employee Engagement and Development - Over 88% of Hubbell's employees participated in the Elevate Employee Experience Survey in 2024, indicating strong engagement[40] - Hubbell launched "Align 2027" in mid-2024 to help employees understand the company's long-term strategies and their roles[40] - Hubbell has expanded its leadership development programs and learning management system, known as Hubbell University, to enhance employee training and career development[37] - The company provides up to 8 hours of paid time off annually for employees to volunteer with eligible charities, promoting community engagement[38] - Hubbell's labor relations are considered satisfactory, with approximately 2,470 U.S. employees represented by 8 labor unions[35] Patents and Innovation - The company has approximately 3,100 active patents, which are deemed valuable but not critical to its business operations[26] - The company has approximately 3,100 active United States and foreign patents, which cover a portion of its products[26] - The company emphasizes product performance, reliability, quality, and technological innovation as key competitive factors[30] Environmental Compliance - The company is committed to environmental compliance and believes its practices prevent unreasonable risks of environmental damage[32] - Hubbell has incurred costs related to environmental lawsuits and claims but does not anticipate a material adverse effect on its financial condition[33] Supply Chain - The company maintains a diverse supply chain, not materially dependent on any single supplier for raw materials[25] Market Support - The Utility Solutions segment supports various markets, including electrical distribution, transmission, water, gas distribution, telecommunications, and renewable energy[15] - The Utility Solutions segment supports various markets, including electrical distribution, transmission, water, gas distribution, and telecommunications[15] Brand and Distribution - Hubbell's products are sold under various brands, including Aclara®, Hubbell®, and Burndy®, across multiple distribution channels[16][21] Employment Statistics - As of December 31, 2024, the company employed approximately 17,700 employees, with 60% located in the United States[35] - As of December 31, 2024, Hubbell had approximately 17,700 employees, with 60% (about 10,600) located in the United States[35]
Hubbell: Valuation Fair With No Immediate Short-Term Upside
Seeking Alpha· 2025-02-13 10:36
Shares of Hubbell Incorporated (NYSE: HUBB ) are trading at the lower end of its 52-week range. Its recently filed quarterly report included a slight miss on revenues, but 2025 EPS guidance came in line with the consensusI work as an investment analyst for a mutual fund. I share the same thoroughness and precision in my daytime work as with my private work found primarily here on Seeking Alpha. My areas of expertise include the tech sector as well as the energy sector. I am not landlocked in my investment c ...
Hubbell Incorporated Declares New Share Repurchase Program
GlobeNewswire· 2025-02-12 21:30
Shelton, CT, Feb. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today approved a new share repurchase authorization of up to $500 million, set to expire in February 2028. This new program is in addition to the existing share repurchase program set to expire in October 2025, under which the Company’s remaining authorization was $260 million as of December 31, 2024. About the Company Hubbell Incorporated is a leading manufacturer of utility and electrical solutions e ...
Hubbell(HUBB) - 2024 Q4 - Earnings Call Transcript
2025-02-04 18:43
Hubbell Incorporated (NYSE:HUBB) Q4 2024 Results Conference Call February 4, 2025 10:00 AM ET Company Participants Dan Innamorato - Vice President of Investor Relations Gerben Bakker - President and Chief Executive Officer Bill Sperry - Executive Vice President and Chief Financial Officer Conference Call Participants Jeffrey Sprague - Vertical Research Nigel Coe - Wolfe Research Stephen Tusa - JPMorgan Julian Mitchell - Barclays Chris Snyder - Morgan Stanley Tommy Moll - Stephens Christopher Glynn - Oppenhe ...
Here's What Key Metrics Tell Us About Hubbell (HUBB) Q4 Earnings
ZACKS· 2025-02-04 15:36
Hubbell (HUBB) reported $1.33 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 0.9%. EPS of $4.10 for the same period compares to $3.69 a year ago.The reported revenue represents a surprise of -4.54% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $4.02, the EPS surprise was +1.99%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Hubbell (HUBB) Beats Q4 Earnings Estimates
ZACKS· 2025-02-04 14:45
Hubbell (HUBB) came out with quarterly earnings of $4.10 per share, beating the Zacks Consensus Estimate of $4.02 per share. This compares to earnings of $3.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.99%. A quarter ago, it was expected that this electrical products manufacturer would post earnings of $4.47 per share when it actually produced earnings of $4.49, delivering a surprise of 0.45%.Over the last four quarter ...
Hubbell(HUBB) - 2024 Q4 - Annual Results
2025-02-04 13:08
Exhibit 99.1 https://files.reportify.cc/ Date: February 4, 2025 NEWS RELEASE Hubbell Incorporated 40 Waterview Drive Shelton, CT 06484 475-882-4000 HUBBELL REPORTS FOURTH QUARTER 2024 AND FULL YEAR RESULTS SHELTON, CT. (February 4, 2025) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the fourth quarter and full year ended December 31, 2024. "Hubbell delivered double-digit growth in operating profit, earnings per share and free cash flow in the fourth quarter" said Gerben Bakker, Ch ...
Hubbell Reports Fourth Quarter 2024 and Full Year Results
GlobeNewswire· 2025-02-04 12:30
Shelton, CT, Feb. 04, 2025 (GLOBE NEWSWIRE) -- HUBBELL REPORTS FOURTH QUARTER 2024 AND FULL YEAR RESULTS Q4 diluted EPS of $3.64; adjusted diluted EPS of $4.10 (up 11% y/y)Q4 net sales -1% (organic -3%; net M&A +3%)Q4 operating margin 19.3%; adjusted operating margin 21.8% (up 240bps y/y)FY 2024 diluted EPS of $14.37; adjusted diluted EPS of $16.57FY 2025 diluted EPS expected range of $16.00-$16.50; adj. diluted EPS of $17.35-$17.85 SHELTON, CT. (February 4, 2025) – Hubbell Incorporated (NYSE: HUBB) today ...