secwatch.observer — SEC 8-K summary
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Issuer:     HUBBELL INC (HUBB)
CIK:        0000048898
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001628280-23-012662
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubbell Q1 adjusted EPS $3.61 beats; raises FY23 guidance to $13.00-$13.50
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- Q1 net sales +11% (organic +10%); diluted EPS from cont ops $3.37, adjusted $3.61.
- Utility Solutions segment net sales +20% to $782M; op margin 22.7% vs 13.5% YoY.
- Electrical Solutions segment net sales flat at $504M; op margin 14.2% vs 10.9% YoY.
- FY23 guidance raised: diluted EPS $12.00-$12.50; adjusted $13.00-$13.50.
- Q1 free cash flow $80M source vs $36M use in prior year period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48898/000162828023012662/0001628280-23-012662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48898/000162828023012662/hubb-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-012662

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