Hubbell Q2 adj EPS $4.07 beats; raises FY23 adj EPS guidance to $14.75-$15.25

HUBBELL INC

2023-Q2 EPS reported $7.19 revenue$2,651,300,000

Q2 diluted EPS $3.82, adjusted $4.07; net sales +9% to ~$1.37B (organic +6%, acquisitions +3%).
Utility Solutions sales +14% to $831M; operating margin improved to 24.0% from 15.3%.
Electrical Solutions sales +1% to $535M; operating margin 16.5% vs 15.0%.
Raised FY23 adjusted EPS guidance to $14.75-$15.25 from prior range; expects FCF >$700M.
Free cash flow $192M in Q2 vs $168M a year ago; strong operating performance cited.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HUBBELL INC reported the second quarter ended June 30, 2023 results: EPS $3.82.

Period: the second quarter ended June 30, 2023
EPS: $3.82
Result: reported results

Exact text from the filing

Q2 diluted EPS from continuing operations of $3.82; adjusted diluted EPS from continuing operations of $4.07

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HUBBELL INC reported the full year 2023 results: EPS $13.75-$14.25. Guidance raised.

Period: the full year 2023
EPS: $13.75-$14.25
Guidance: raised
Result: guidance update

Exact text from the filing

Raise FY23 diluted EPS from continuing operations to $13.75-$14.25; adjusted diluted EPS of $14.75-$15.25

View on SEC.gov

Browse all earnings releases →

HUBBELL INC filing history →

Source: SEC EDGAR

accession 0001628280-23-025530

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.