secwatch.observer — SEC 8-K summary
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Issuer:     HUBBELL INC (HUBB)
CIK:        0000048898
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001628280-22-019410
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubbell Q2 EPS $2.51 ($2.81 adj.); raises FY22 EPS guidance to $8.25-$8.65 ($9.40-$9.80 adj.)
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- Q2 net sales +19% to $1.257B; organic +20%; operating cash flow $188.6M, free cash flow $168.1M.
- Utility Solutions sales +24% to $729M; operating margin 15.3% (adj. 17.2%) vs 12.4% (15.1%) YoY.
- Electrical Solutions sales +13% to $528M; operating margin 15.0% (adj. 15.7%) vs 14.9% (15.6%) YoY.
- Closed bolt-on acquisitions of PCX (datacenter power systems) and Ripley Tools (specialty tools) in July.
- FY22 diluted EPS guidance raised to $8.25-$8.65; adjusted EPS $9.40-$9.80; total sales growth +14-16%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48898/000162828022019410/0001628280-22-019410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48898/000162828022019410/hubb-20220726.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-019410

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