Hubbell Inc. (HUBB) Declares $0.98 Quarterly Dividend; 2.1% Yield

Go back to Hubbell Inc. (HUBB) Declares $0.98 Quarterly Dividend; 2.1% Yield

Hubbell Inc. (HUBB) Tops Q1 EPS by 7c, Revenues Beat; Raises FY21 EPS Outlook

April 27, 2021 7:32 AM EDT

Hubbell Inc. (NYSE: HUBB) reported Q1 EPS of $1.72, $0.07 better than the analyst estimate of $1.65. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.07 billion.

Q1 net sales -1% (organic -4%)Q1 diluted EPS of $1.42; adjusted diluted EPS of $1.72Raise FY21 adjusted diluted EPS to $8.20-$8.60; reported diluted EPS of $6.80-$7.20

"Hubbell achieved year-over-year earnings growth and adjusted operating margin expansion in the first quarter," said Gerben Bakker, President and Chief Executive Officer. "We continue to see... More