Hubbell Reports Second Quarter Results; Net Sales of $1.17 Billion and Earnings Per Diluted Share of $1.82, Adjusted Earnings Per Diluted Share of $1.97

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Go back to Hubbell Reports Second Quarter Results; Net Sales of $1.17 Billion and Earnings Per Diluted Share of $1.82, Adjusted Earnings Per Diluted Share of $1.97

Hubbell Inc. (HUBB) Tops Q2 EPS by 18c, Beats on Revenues; Boosts FY18 EPS Guidance

July 24, 2018 7:36 AM EDT

Hubbell Inc. (NYSE: HUBB) reported Q2 EPS of $1.97, $0.18 better than the analyst estimate of $1.79. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.12 billion.

"Second quarter results benefited from strong markets, higher price realization, our focus on cash flow, and the integration of Aclara," said David G. Nord, Chairman, President and Chief Executive Officer. "We delivered 5% organic sales growth in the quarter, with continued growth across all major market segments. Oil and Gas, as well as both light and heavy Industrial, were notably strong. The Electrical T&D... More