Hubbell Reports Third Quarter 2021 Results

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Hubbell Inc. (HUBB) Misses Q3 EPS by 10c, Lowers FY Guidance

October 26, 2021 7:42 AM EDT

Hubbell Inc. (NYSE: HUBB) reported Q3 EPS of $2.24, $0.10 worse than the analyst estimate of $2.34. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

Hubbell Inc. sees FY2021 EPS of $8.30-$8.50, versus the consensus of $8.61.

For the full year 2021, Hubbell anticipates sales growth of 12-13%. This expectation is comprised... More