Hubbell Incorporated (NYSE:HUBB) Earnings Report H…
From Financial Modeling Prep: 2025-05-01 13:00:00
Hubbell Incorporated reported a profit of $3.50 per share, missing the estimated $3.73 per share. Revenue for the quarter was $1.37 billion, slightly below the estimated $1.39 billion. The company projects its 2025 diluted EPS to range between $15.95 and $16.45, with an adjusted diluted EPS between $17.35 and $17.85.
Hubbell Incorporated is a key player in the electrical utilities industry, offering innovative solutions in electrical and electronic products. The company operates in two main segments: Electrical Solutions and Utility Solutions, competing with companies like Eaton Corporation and Schneider Electric.
On May 1, 2025, HUBB reported earnings of $3.50 per share, below the estimated $3.73 per share, marking a 6.17% negative surprise. Revenue for the quarter was $1.37 billion, slightly below the estimated $1.39 billion, showing a 1.42% shortfall from the Zacks Consensus Estimate.
Hubbell’s operating margin was 17.5%, with an adjusted operating margin of 19.3%. Despite a 2% decrease in net sales, the company remains optimistic. It projects its 2025 diluted EPS to range between $15.95 and $16.45, with an adjusted diluted EPS between $17.35 and $17.85.
Gerben Bakker, Chairman, President, and CEO of Hubbell, highlighted the strong performance in the Electrical Solutions segment, driven by a 5% organic growth. Challenges such as softness in Grid Automation and higher cost inflation partially offset these positive outcomes.
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