Hubbell raises full-year 2026 adj diluted EPS outlook to $20.25-$20.55
Company expects 2026 total sales growth of 16-18%, organic sales growth of 9-11%
Hubbell sees strong demand in utility and electrical markets, driven by grid modernization
Overview
U.S. utility and electrical equipment maker's Q2 revenue rose 15%, beating analyst expectations
Adjusted EPS for Q2 increased 12% and beat analyst expectations
Company raised full-year adjusted EPS outlook, citing strong demand in utility and electrical markets
Result Drivers
Strong end-market demand - Co said grid modernization, load growth and datacenter investment drove organic growth, with visible demand strength across utility and electrical markets
Price and productivity actions - Co said it managed inflation through price increases and productivity improvements, partially offsetting higher cost inflation, raw material costs and tariffs
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
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