Shelton, CT, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Gerben Bakker, Chairman, President and Chief Executive Officer, will appear at the Morgan Stanley annual Laguna Conference. The event will be webcast and is scheduled to begin at 7:30AM PT on Friday, September 13, 2024. 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 sele ...

puhimec/iStock via Getty Images Investment Thesis Company Overview Hubbell (NYSE:HUBB), founded in 1905 in Connecticut with headquarters in Shelton, CT, is a manufacturer that provides electrical and utility solutions to enable customers to operate critical infrastructure with reliability and efficiency. It has more than 75 brands serving three parts of energy infrastructure: In Front of the meter, on The Edge and Behind the Meter. It has two reportable segments: Utility Solutions and Electrical Solutions. ...

Segment Results UTILITY SOLUTIONS | --- | --- | --- | --- | --- | |-------------------------------------------------------|-------|----------------------------------|-------|----------| | (In millions) | | Six Months Ended June 30, \n2024 | | 2023 | | Net sales | $ | 1,820.5 | $ | 1,612.4 | | Operating income (GAAP measure) | | 353.6 | | 377.0 | | Amortization of acquisition-related intangible assets | | 59.6 | | 26.9 | | Transaction, integration & separation costs | | 4.2 | | — | | Adjusted operating incom ...

Hubbell Incorporated (NYSE:HUBB) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Dan Innamorato - Vice President of Investor Relations Gerben Bakker - President and CEO Bill Sperry - EVP and CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners Stephen Tusa - JPMorgan Nigel Coe - Wolfe Research Julian Mitchell - Barclays Brett Linzey - Mizuho Joe O'Dea - Wells Fargo Christopher Glynn - Oppenheimer Scott Graham - Seaport Research Partners Nicole DeBlase ...

$4.07 $4.37 2Q 2023 2Q 2024 +7% $ per share Acquisitions 7 Strength in grounding position enables pull through of other electrical products as project construction cycle progresses Continued execution on HES unification strategy There are limitations to the use of non-GAAP measures. Non-GAAP measures do not present complete financial results. We compensate for this limitation by providing a reconciliation between our non-GAAP financial measures and the respective most directly comparable financial measure c ...

Over the last four quarters, the company has surpassed consensus EPS estimates three times. Hubbell shares have added about 11.5% since the beginning of the year versus the S&P 500's gain of 14.5%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. It will be interesting ...

Adjusted diluted EPS in the second quarter 2024 excludes $0.40 of amortization of acquisition-related intangible assets and $0.03 of transaction, integration, and separation costs. Adjusted diluted EPS in the second quarter 2023 excluded $0.25 of amortization of acquisition-related intangible assets. Date:July 30, 2024 NEWS RELEASE • 2Q diluted EPS of $3.94; adjusted diluted EPS of $4.37 • Raising FY24 outlook; diluted EPS of $14.30-$14.60; adj. diluted EPS of $16.20-$16.50 Mr. Bakker continued, "Second qua ...

Shelton, CT, July 30, 2024 (GLOBE NEWSWIRE) -- SECOND QUARTER FINANCIAL HIGHLIGHTS Certain statements contained herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements generally relate to our expectations and beliefs regarding our financial results, condition and outlook, projections of future performance, anticipated growth and end markets, changes in operating results, market conditions and economic conditions, expected ...

Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2023 revenues of $5.4 billion, Hubbell solutions energize economies and electrify communities in front of and behind the meter. The corporate headquarters is located in Shelton, CT. Shelton, CT, July 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.22 per ...

Shelton, CT, July 16, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its second quarter 2024 financial results prior to the opening of the market on July 30, 2024. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. ####### The live audio of the conference call and accompanying materials will also be available and can be accessed by visiting Hubbell's Events and Presentations section. You can also access this informat ...