Overview
Utility and electrical solutions firm's Q4 revenue rose 12%, meeting analyst expectations
Adjusted EPS for Q4 beat analyst expectations, rising 15% yr/yr
Company expects continued growth in 2026 with strong sales and earnings outlook
Outlook
Hubbell anticipates 2026 total sales growth of 7-9%
Company expects 2026 adjusted EPS between $19.15 and $19.85
Company sees 2026 free cash flow conversion of 90% or greater
Result Drivers
ELECTRICAL SOLUTIONS - 9% organic sales growth driven by demand in datacenter projects, load growth, and infrastructure investments
MARGIN EXPANSION - Margin expansion attributed to strong organic growth and operational execution
UTILITY SOLUTIONS - Growth supported by volume increases in Grid Infrastructure and favorable pricing
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Meet | $1.49 bln | $1.49 bln (12 Analysts) |
Q4 Adjusted EPS | Beat | $4.73 | $4.70 (14 Analysts) |
Q4 EPS | $4.19 | ||
Q4 Net Income | $225.20 mln | ||
Q4 Adjusted Operating Margin | 23.40% | ||
Q4 Operating Margin | 20.90% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Hubbell Inc is $515.00, about 3.9% above its February 2 closing price of $495.59
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 24 three months ago
Press Release: ID:nGNX5Y9PZg
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)