Hubbell: Fourth Quarter Earnings Overview
Hubbell Inc. Announces Fourth-Quarter Financial Results
Hubbell Inc., headquartered in Shelton, Connecticut, revealed a net income of $224.2 million for the fourth quarter.
The company reported earnings of $4.19 per share, with adjusted earnings—excluding certain one-time items—reaching $4.73 per share.
These adjusted earnings surpassed the consensus forecast of $4.70 per share, as predicted by five analysts polled by Zacks Investment Research.
During the quarter, Hubbell generated $1.49 billion in revenue, aligning with analysts’ expectations.
For the full year, Hubbell recorded a total profit of $887.1 million, or $16.54 per share, on revenue of $5.84 billion.
Looking ahead, the company anticipates its annual earnings will fall between $19.15 and $19.85 per share.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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