Core Viewpoint - Analysts project that Hubbell (HUBB) will report quarterly earnings of $3.73 per share, reflecting a year-over-year increase of 3.6%, while revenues are expected to decline by 1% to $1.38 billion [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.4% in the past 30 days, indicating a reassessment by covering analysts [2]. - Prior revisions to earnings projections are crucial for predicting investor behavior and stock price performance [3]. Key Metrics Projections - Analysts estimate 'Net Sales- Electrical Solutions' at $500.19 million, a decrease of 1% from the prior-year quarter [5]. - 'Net Sales- Utility Solutions' is forecasted to reach $889.24 million, reflecting a decline of 0.5% from the year-ago quarter [5]. - 'Adjusted operating income- Utility Solutions' is projected at $196.34 million, slightly up from $195.20 million in the previous year [5]. - 'Adjusted operating income- Electrical Solutions' is expected to be $86.84 million, compared to $80 million reported in the same quarter last year [6]. Market Performance - Shares of Hubbell have returned +8% over the past month, contrasting with the Zacks S&P 500 composite's -0.2% change, indicating a stronger performance relative to the market [7].

Core Viewpoint - Hubbell Incorporated will release its first quarter 2025 financial results on May 1st, 2025, prior to market opening, followed by a conference call at 10:00 AM ET to discuss the results [1]. Company Information - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, enabling customers to operate critical infrastructure safely, reliably, and efficiently [4]. - The company reported revenues of $5.6 billion for the year 2024, indicating its significant role in electrifying economies and energizing communities [4]. - The corporate headquarters is located in Shelton, CT [4]. Access to Information - The full text of the press release announcing the financial results will be available on Hubbell's corporate website under the Press Release section [2]. - Live audio of the conference call and accompanying materials can be accessed through the Events and Presentations section on the company's website [3].

Core Points - Ron Austin Law has been awarded the Peer AV Preeminent Rating from Martindale-Hubbell, recognizing the firm's excellence in personal injury law [1][2] - The award reflects the firm's commitment to leadership, professionalism, and ethical standards in the legal field [2] - The firm has recovered over $1 billion for clients and boasts a combined 88 years of legal experience, establishing itself as a leading personal injury law firm in Louisiana [3] Company Overview - Ron Austin Law is recognized for its dedication to providing personalized, results-driven legal representation, focusing on client advocacy and ethical standards [5] - The firm aims to expand its legal services while maintaining high ethical standards and ensuring clients feel heard and respected [5] - The Peer AV Preeminent Rating serves as an industry validation of the firm's efforts to drive meaningful change for clients [3][4]

Company Overview - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, enabling customers to operate critical infrastructure safely, reliably, and efficiently [3] - The company reported revenues of $5.6 billion for the year 2024, indicating a strong market presence [3] - The corporate headquarters is located in Shelton, CT [3] Upcoming Event - Bill Sperry, Chief Financial Officer of Hubbell, will present at the J.P. Morgan 2025 Industrials Conference [1] - The event is scheduled for March 11, 2025, at 12:15 PM ET and will be available via webcast [1] - Live audio of the event can be accessed through Hubbell's Investor Relations section on their website [2]

Revenue Segments - Utility Solutions segment accounted for 64% of consolidated revenues in 2024, up from 61% in 2023 and 58% in 2022[15] - Electrical Solutions segment represented 36% of consolidated revenues in 2024, down from 39% in 2023 and 42% in 2022[18] - The company generated $187.1 million in sales from its residential lighting business in 2023, which was sold for $131 million in December 2023[20] Order Backlog - The backlog of orders at December 31, 2024, was $1,898 million, down from $2,328 million at December 31, 2023[29] Customer Base - Approximately 41% of net sales are attributed to the top ten customers, indicating a diverse customer base[24] - Top ten customers account for approximately 41% of Hubbell's net sales, indicating a diversified customer base[24] Employee Engagement and Development - Over 88% of Hubbell's employees participated in the Elevate Employee Experience Survey in 2024, indicating strong engagement[40] - Hubbell launched "Align 2027" in mid-2024 to help employees understand the company's long-term strategies and their roles[40] - Hubbell has expanded its leadership development programs and learning management system, known as Hubbell University, to enhance employee training and career development[37] - The company provides up to 8 hours of paid time off annually for employees to volunteer with eligible charities, promoting community engagement[38] - Hubbell's labor relations are considered satisfactory, with approximately 2,470 U.S. employees represented by 8 labor unions[35] Patents and Innovation - The company has approximately 3,100 active patents, which are deemed valuable but not critical to its business operations[26] - The company has approximately 3,100 active United States and foreign patents, which cover a portion of its products[26] - The company emphasizes product performance, reliability, quality, and technological innovation as key competitive factors[30] Environmental Compliance - The company is committed to environmental compliance and believes its practices prevent unreasonable risks of environmental damage[32] - Hubbell has incurred costs related to environmental lawsuits and claims but does not anticipate a material adverse effect on its financial condition[33] Supply Chain - The company maintains a diverse supply chain, not materially dependent on any single supplier for raw materials[25] Market Support - The Utility Solutions segment supports various markets, including electrical distribution, transmission, water, gas distribution, telecommunications, and renewable energy[15] - The Utility Solutions segment supports various markets, including electrical distribution, transmission, water, gas distribution, and telecommunications[15] Brand and Distribution - Hubbell's products are sold under various brands, including Aclara®, Hubbell®, and Burndy®, across multiple distribution channels[16][21] Employment Statistics - As of December 31, 2024, the company employed approximately 17,700 employees, with 60% located in the United States[35] - As of December 31, 2024, Hubbell had approximately 17,700 employees, with 60% (about 10,600) located in the United States[35]

Group 1 - Shares of Hubbell Incorporated (NYSE: HUBB) are trading at the lower end of its 52-week range [1] - The recently filed quarterly report showed a slight miss on revenues [1] - The 2025 EPS guidance came in line with consensus expectations [1]

Group 1 - The Board of Directors of Hubbell Incorporated has approved a new share repurchase authorization of up to $500 million, which will expire in February 2028 [1] - This new share repurchase program is in addition to the existing program that is set to expire in October 2025, with a remaining authorization of $260 million as of December 31, 2024 [1] Group 2 - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, with 2024 revenues reported at $5.6 billion [2] - The company enables customers to operate critical infrastructure safely, reliably, and efficiently [2] - The corporate headquarters of Hubbell Incorporated is located in Shelton, CT [2]

Financial Data and Key Metrics Changes - Hubbell achieved mid-single-digit sales growth for the full year 2024, with adjusted operating profit growth of 9% and adjusted earnings per share of $16.57, exceeding initial guidance [7][12] - The company reported a year-over-year adjusted operating margin expansion of 240 basis points, with free cash flow growth in double digits [6][7] - Free cash flow for the full year was above $800 million, representing a conversion rate of approximately 98% [19] Business Line Data and Key Metrics Changes - In the Utilities segment, sales grew by 4%, driven by the acquisition of Systems Control, with double-digit growth in transmission and substation product areas [21][22] - The Electrical segment experienced a slight decline in top-line performance, but operating profit grew by 10% with a margin expansion of about 3.5 percentage points [34][35] - The telecom enclosures area saw a significant decline of 20%, attributed to customer inventory rationalization [22][31] Market Data and Key Metrics Changes - The company noted a favorable order trend in the grid infrastructure area, with a book-to-bill ratio above one for the first time since early 2023, indicating a recovery from destocking [24][25] - The grid automation sales were down 11%, but this was due to challenging comparisons from the previous year [26][27] - The company expects mid-single-digit organic growth in the Utility Solutions segment for 2025, driven by electrification and interconnection projects [39] Company Strategy and Development Direction - Hubbell is focused on unifying its Electrical Solutions segment and driving operational efficiencies to expand margins [9][10] - The company aims to capitalize on secular growth trends in utility and electrical markets, particularly in renewables and data center solutions [10][12] - The strategic acquisition of Systems Control is expected to contribute positively to growth and margin expansion in the Utilities segment [12][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in telecom markets but expressed confidence in the company's ability to navigate these issues and return to growth [8][12] - The outlook for 2025 anticipates mid-single-digit organic growth, continued margin expansion, and attractive growth in operating profit and free cash flow [41][42] - Management emphasized the importance of proactive price-cost productivity management and the potential for strong performance despite macroeconomic uncertainties [41][42] Other Important Information - The company has doubled its capital expenditures over the past three years to support growth in high-demand areas [19] - Hubbell's balance sheet remains strong, allowing for continued investment in acquisitions and growth initiatives [12][115] Q&A Session Summary Question: Channel inventory situation - Management discussed visibility into inventory levels, particularly distinguishing between investor-owned utilities (IOUs) and municipal utilities, indicating a return to growth [46][49] Question: Exposure to tariffs - The company has reduced its exposure to Chinese tariffs significantly and is preparing for potential impacts from Canadian and Mexican tariffs [55][56][67] Question: Electrical margins and growth expectations - Management confirmed that the Electrical segment's margins are expected to continue improving, with a focus on high-margin products and operational efficiencies [72][91] Question: Utility growth outlook - The company expects mid-single-digit growth in the Utility segment, with a focus on capitalizing on electrification trends [39][128] Question: Inventory management and customer consumption rates - Management indicated that while specific SKU consumption rates were not disclosed, overall CapEx and OpEx budgets suggest a positive trend in market demand [110][112] Question: M&A activity - The company recently closed a small acquisition and remains active in pursuing additional opportunities in both Electrical and Utility segments [114][115]

Hubbell (HUBB) reported $1.33 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 0.9%. EPS of $4.10 for the same period compares to $3.69 a year ago.The reported revenue represents a surprise of -4.54% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $4.02, the EPS surprise was +1.99%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

Hubbell (HUBB) came out with quarterly earnings of $4.10 per share, beating the Zacks Consensus Estimate of $4.02 per share. This compares to earnings of $3.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.99%. A quarter ago, it was expected that this electrical products manufacturer would post earnings of $4.47 per share when it actually produced earnings of $4.49, delivering a surprise of 0.45%.Over the last four quarter ...