Hubbell Inc. (HUBB) Tops Q4 EPS by 12c; Guides In-Line
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Hubbell Reports Fourth Quarter and Full Year Results; Fourth Quarter Net Sales of $854 Million and Earnings Per Diluted Share of $1.16, Including $0.19 of Restructuring and Related Costs
January 31, 2017 7:23 AM ESTQ4 net sales up 3% (+4% acquisitions, flat organic, -1% FX)Q4 adjusted diluted EPS(1) up 3% to $1.35Strong operating cash flow; acceleration of restructuring and related actionsFY16 diluted EPS of $5.24, including $0.42 of restructuring and related costsExpected FY17 diluted EPS: $5.60 to $5.80, including $0.25 of restructuring and related costs
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