Hubbell: Q1 Earnings Snapshot

SHELTON, Conn. (AP) — SHELTON, Conn. (AP) — Hubbell Inc. (HUBB) on Tuesday reported first-quarter profit of $181.9 million.

The Shelton, Connecticut-based company said it had profit of $3.37 per share. Earnings, adjusted for one-time gains and costs, were $3.61 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.46 per share.

The electrical products manufacturer posted revenue of $1.29 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.25 billion.

Hubbell expects full-year earnings in the range of $13 to $13.50 per share.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on HUBB at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up