earnings
confidence high
sentiment positive
materiality 0.75
Hubbell Q4 adjusted EPS $4.10, up 11% YoY; guides FY25 adj EPS $17.35-$17.85
HUBBELL INC
2024-FY EPS reported
$14.37
revenue$5,628,500,000
- Q4 GAAP EPS $3.64, adjusted $4.10; net sales -1% (organic -3%, M&A +3%).
- Q4 adjusted operating margin 21.8%, up 240bps YoY; free cash flow $364M vs $284M.
- FY24 GAAP EPS $14.37, adjusted EPS $16.57; FY25 guidance: adj EPS $17.35-$17.85, sales growth 4-5%.
- Utility Solutions sales +4% to $847M (organic -5%, M&A +9%); adjusted op margin 22.9%.
- Electrical Solutions sales $487M (organic -1%, divestiture -8%); adjusted op margin 20.0%.