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Hubbell Incorporated Crushes Q1 Earnings

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Hubbell Incorporated Crushes Q1 Earnings

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Hubbell Incorporated Crushes Q1 Earnings

Hartford News Today | 2 Min News | The Daily News Now!

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Hartford News Today | 2 Min News | The Daily News Now!Hubbell Incorporated Crushes Q1 Earnings. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Hubble incorporated the electrical products maker out of Shelton, Connecticut, just released their first quarter earnings, and they came in strong, with net income hitting $181.8 million. That breaks down to $3.41 per share, but when you adjust for one-time items, it jumps to $3.93 since per share. Wall Street had pegged it at $3.87, so Hubble cleared the bar with room to spare, which has folks in the markets. Buzzing positively, revenue clocked in at $1.52 billion, topping the $1.51 billion analyst expected from Zach's surveys. Looking ahead, the company sees full-year earnings landing between $19.30 to $19.85 per share, setting up what could be another solid run. From your city, powered by AI, this is Hartford News today. I'm Corey with The Story.

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