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Hubbell B (HUBB)
NYSE:HUBB
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
3.73Last Year’s EPS
3.6Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -7.65%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
Hubbell demonstrated strong performance in operating metrics and managed challenges effectively, showing confidence in future growth. However, certain areas like telecom and grid automation faced difficulties, suggesting a balanced performance with both achievements and challenges.Company Guidance
During the Fourth Quarter 2024 Hubbell Incorporated Earnings Conference Call, the company reported robust growth metrics, including double-digit increases in adjusted operating profit, adjusted earnings per share, and free cash flow. The adjusted operating margin expanded by 240 basis points year-over-year. For the full fiscal year 2024, Hubbell achieved mid-single-digit sales growth, 9% growth in adjusted operating profit, and a 90-basis-point expansion in adjusted operating margin. Adjusted earnings per share reached $16.57, surpassing the high end of their initial guidance. These results come despite challenges in telecom markets and utility customer destocking. Looking forward, Hubbell introduced their 2025 outlook, anticipating mid-single-digit organic growth with continued margin expansion, projecting adjusted earnings per share between $17.35 and $17.85, and maintaining a free cash flow conversion of at least 90% of adjusted net income.Strong Growth in Operating Metrics
Hubbell delivered strong double-digit growth in adjusted operating profit, adjusted earnings per share, and free cash flow in the fourth quarter of 2024.
Record Earnings Per Share
2024 adjusted earnings per share of $16.57 was above the high-end of initial guidance range.
Successful Integration of Systems Control
The acquisition and integration of Systems Control contributed significantly to Hubbell's performance, especially in the Utility segment.
Continued Margin Expansion
The company achieved a year-over-year adjusted operating margin expansion of 240 basis points in the fourth quarter and 90 basis points on a full-year basis.
Positive 2025 Outlook
Hubbell is anticipating mid-single-digit organic growth with continued margin expansion and attractive growth in operating profit, earnings per share, and free cash flow for 2025.
Strong Free Cash Flow Performance
Free cash flow was up 28% in the fourth quarter, delivering above the target of $800 million for the full year, which is about a 98% conversion rate.
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HUBB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HUBB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $408.73 | $400.91 | -1.91% |
| Oct 29, 2024 | $448.38 | $438.85 | -2.13% |
| Jul 30, 2024 | $364.71 | $377.54 | +3.52% |
| Apr 30, 2024 | $403.50 | $367.16 | -9.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hubbell B (HUBB) report earnings?
Hubbell B (HUBB) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Hubbell B (HUBB) earnings time?
Hubbell B (HUBB) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HUBB EPS forecast?
HUBB EPS forecast for the fiscal quarter 2025 (Q1) is 3.73.
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