Hubbell Reports First Quarter 2021 Results
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Hubbell Inc. (HUBB) Tops Q1 EPS by 7c, Revenues Beat; Raises FY21 EPS Outlook
April 27, 2021 7:32 AM EDTHubbell 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
