Manufacturing - Electrical Utilities

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Hubbell (HUBB) Q1 Earnings and Revenues Lag Estimates
ZACKSยท 2025-05-01 13:40
Core Viewpoint - Hubbell (HUBB) reported quarterly earnings of $3.50 per share, missing the Zacks Consensus Estimate of $3.73 per share, and showing a decline from $3.60 per share a year ago, resulting in an earnings surprise of -6.17% [1][2] Financial Performance - The company posted revenues of $1.37 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 1.42%, and down from $1.4 billion year-over-year [2] - Over the last four quarters, Hubbell has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [2] Stock Performance - Hubbell shares have declined approximately 13.3% since the beginning of the year, compared to a decline of -5.3% for the S&P 500 [3] - The current Zacks Rank for Hubbell is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.66 on revenues of $1.5 billion, and for the current fiscal year, it is $17.52 on revenues of $5.85 billion [7] - The trend of estimate revisions for Hubbell is mixed, which could change following the recent earnings report [6] Industry Context - The Manufacturing - Electrical Utilities industry, to which Hubbell belongs, is currently in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]