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Barchart
Barchart
Kritika Sarmah

Hubbell's Q3 2024 Earnings: What to Expect

HUBB

Shelton, Connecticut-based Hubbell Incorporated (HUBB) designs, manufactures, and sells electrical and utility solutions that help customers operate critical infrastructure safely, reliably, and efficiently. Valued at $24.5 billion by market cap, the company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment, and voice and data signal processing components. The leading electrical products manufacturer is expected to announce its fiscal third-quarter earnings for 2024 on Tuesday, Oct. 29. 

Ahead of the event, analysts expect HUBB to report a profit of $4.47 per share on a diluted basis, up 13.2% from $3.95 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing on one other occasion.

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