secwatch.observer — SEC 8-K summary
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Issuer:     HUBBELL INC (HUBB)
CIK:        0000048898
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001628280-24-033357
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hubbell Q2 adjusted EPS $4.37, raises FY24 outlook; net sales +6%
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- 2Q diluted EPS $3.94; adjusted diluted EPS $4.37 vs $4.24 prior year.
- Net sales +6% to $1.45B (organic +2%, M&A +5%); operating margin 20.7%.
- Utility Solutions sales +12% to $927M; Electrical Solutions organic +7% (net -2% due to divestiture).
- Raising FY24 guidance: diluted EPS $14.30-$14.60, adjusted $16.20-$16.50.
- Free cash flow $206M in Q2; FY24 free cash flow expected ~$800M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48898/000162828024033357/0001628280-24-033357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48898/000162828024033357/hubb-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-033357

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer