Welcome to our dedicated page for Hubbell news (Ticker: HUBB), a resource for investors and traders seeking the latest updates and insights on Hubbell stock.
Hubbell Incorporated (HUBB) delivers essential electrical solutions for utility networks, industrial operations, and residential infrastructure worldwide. This dedicated news hub provides investors and industry professionals with centralized access to Hubbell's official announcements and market developments.
Track critical updates including quarterly earnings disclosures, product innovation launches, strategic partnerships, and regulatory compliance milestones. Our curated collection ensures timely access to Hubbell's Utility Solutions segment advancements and Electrical Solutions division updates.
Discover comprehensive coverage of operational developments across Hubbell's manufacturing network, sustainability initiatives, and leadership changes. This resource serves as your primary source for monitoring the company's position in electrical component markets without promotional bias.
Bookmark this page for streamlined access to Hubbell's latest technical advancements in power distribution systems and commercial electrical products. Return regularly to stay informed about this industrial manufacturer's evolving role in critical infrastructure projects.
Hubbell Incorporated (NYSE: HUBB) reported a Q1 diluted EPS of $2.73 and adjusted diluted EPS of $3.60. Q1 net sales increased by 9% (organic +2%; net M&A +6%). Operating margin decreased by 310 bps year-over-year, with adjusted operating margin down by 100 bps. The company anticipates FY24 diluted EPS of $14.10-$14.60 and reaffirms adj. diluted EPS of $16.00-$16.50. Hubbell had a solid start in 2024 with strong organic growth in Electrical Solutions and continued strength in Utility Solutions. However, Telcom markets were weak in the quarter. The company's first quarter results position them well to achieve their reaffirmed 2024 outlook.
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