Hubbell Inc. (HUBB) Tops Q3 EPS by 12c
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HUBBELL REPORTS THIRD QUARTER RESULTS; NET SALES OF $1.18 BILLION AND EARNINGS PER DILUTED SHARE OF $2.06, ADJUSTED EARNINGS PER DILUTED SHARE OF $2.22(1)
October 23, 2018 7:31 AM EDTQ3 net sales up 24% (acquisitions +19%, organic +5%) Q3 diluted EPS of $2.06; adjusted diluted EPS of $2.22(1) Includes legacy intangible asset amortization ($0.12) Adjusted excludes Aclara acquisition-related costs ($0.16) Q3 free cash flow up 113% to $164 million Raise full year diluted EPS guidance to $6.40-$6.50; adjusted diluted EPS... More
