Hubbell (HUBB) came out with quarterly earnings of $4.49 per share, beating the Zacks Consensus Estimate of $4.47 per share. This compares to earnings of $3.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.45%. A quarter ago, it was expected that this electrical products manufacturer would post earnings of $4.23 per share when it actually produced earnings of $4.37, delivering a surprise of 3.31%.Over the last four quarter ...

Exhibit 99.1 HUBBELL REPORTS THIRD QUARTER 2024 RESULTS Hubbell Incorporated 40 Waterview Drive Shelton, CT 06484 475-882-4000 • 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-$14.40 • Raising 2024 adj. diluted EPS outlook to $16.35-$16.55 SHELTON, CT. (October 29, 2024) – Hubbell Incorporated (NYSE: HUBB) today reported operating ...

Financial Performance - Q3 2024 diluted EPS of $4 05, adjusted diluted EPS of $4 49, up 14% YoY [1] - Q3 2024 net sales increased 5% YoY, with organic sales down 1% and net M&A contributing 6% [1] - Q3 2024 operating margin at 21 1%, adjusted operating margin at 23 2%, up 180 bps YoY [1] - Full-year 2024 diluted EPS outlook raised to $14 20-$14 40, adjusted diluted EPS outlook raised to $16 35-$16 55 [1][4] Segment Performance - Utility Solutions segment Q3 2024 net sales increased 11% YoY to $933M, with organic sales down 4% and acquisitions adding 15% [3] - Utility Solutions segment Q3 2024 operating income at $211M (22 6% margin), adjusted operating income at $236M (25 3% margin) [3] - Electrical Solutions segment Q3 2024 net sales decreased to $510M, with organic sales up 3% and divestiture reducing sales by 8% [3] - Electrical Solutions segment Q3 2024 operating income at $93M (18 3% margin), adjusted operating income at $99M (19 4% margin) [3] Cash Flow & Balance Sheet - Q3 2024 net cash from operating activities at $227M, free cash flow at $189M [3] - Full-year 2024 free cash flow expected to be approximately $800M [4] - Total debt to total capital ratio at 38% as of September 30, 2024, down from 43% at December 31, 2023 [33] Market Trends & Strategy - Utility customers investing in transmission, substation, and grid protection to accommodate load growth and renewable energy integration [2] - Telecom markets remained weak in Q3 2024, while utility distribution markets reflected customer inventory normalization [2] - Company positioned to benefit from grid modernization and electrification megatrends [2]

Shelton, CT, Oct. 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 8% increase in its common stock dividend rate. The new annual payment of $5.28 per share, or $1.32 per quarter, compares to the former rate of $4.88 per share, or $1.22 per quarter. The dividend will be paid on December 16, 2024 to shareholders of record on November 29, 2024. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate ...

The upcoming report from Hubbell (HUBB) is expected to reveal quarterly earnings of $4.47 per share, indicating an increase of 13.2% compared to the year-ago period. Analysts forecast revenues of $1.48 billion, representing an increase of 7.7% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a compan ...

The market expects Hubbell (HUBB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key numbers are ...

Shelton, CT, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2024 financial results prior to the opening of the market on October 29, 2024. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Release section. You can also access this information by going to www.hubbell.com a ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Hubbell (HUBB) , which belongs to the Zacks Manufacturing - Electrical Utilities industry, could be a great candidate to consider. This electrical products manufacturer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.50%. For the most recent ...

. Howze Family & Divorce Law Firm Awarded Silver Client Champion by Martindale-Hubbell According to founder Tracy Bomar-Howze, the company's Silver Client Champion award is proof of the law firm's excellence in legal guidance on family law issues in South Carolina. September 12, 2024 10:48 PM EDT | Source: Plentisoft Rock Hill, South Carolina--(Newsfile Corp. - September 12, 2024) - The Howze Family & Divorce Law Firm has recently been awarded Silver Client Champion by information services company Martindal ...

pkfawcett Hubbell is a nuts and bolts play on the United States electrical grid mega-trends. Not only is it positioned in attractive niches, but it has compounded capital at double-digit ROIC and expects a significant inflection in growth over the next years and decade. What Hubbell Does Founded in 1888 by Harvey Hubbell (the inventor of the electrical plug and pull-chain light socket), Hubbell manufactures critical T&D (on the pole) and behind-meter components through 75 brands and thousands of SKUs. Hubbe ...