Hubbell reports Q4 adjusted EPS $4.73, consensus $4.72

Reports Q4 revenue $1.493B, consensus $1.49B. “Hubbell (HUBB) delivered double-digit growth in net sales, operating profit and diluted earnings per share in the fourth quarter” said Gerben Bakker, Chairman, President and CEO. “9% organic sales growth was driven by strength in Electrical Solutions and Utility T&D markets as datacenter projects, load growth and aging infrastructure resiliency investment generated strong customer demand in front of and behind the meter. Margin expansion was driven by strong organic growth and continued operational execution.”