Hubbell (HUBB) reported Q3 adjusted earnings Tuesday of $4.49 per diluted share, up from $3.95 a year earlier.
Analysts polled by Capital IQ expected $4.46.
Revenue for the quarter ended Sept. 30 was $1.44 billion, up from $1.38 billion a year earlier.
Analysts surveyed by Capital IQ expected $1.48 billion.
For 2024, the manufacturer of electrical and utility products now anticipates adjusted EPS of $16.35 to $16.55 on total sales growth of about 6%, compared with its previous guidance of EPS of $16.20 to $16.50 on total sales growth of 7% to 8%. Analysts polled by Capital IQ expect EPS of $16.42 on revenue of $5.77 billion.
Hubbell shares were down more than 3% in recent Tuesday premarket activity.
Price: 435.00, Change: -14.67, Percent Change: -3.26
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