Hubbell raises full-year guidance after beating Q3 earnings forecasts

Shares of Hubbell Incorporated (NYSE:HUBB) moved higher on Tuesday after the company reported third-quarter 2025 earnings that surpassed analyst expectations and boosted its outlook for the rest of the year.

The electrical and power products manufacturer posted adjusted earnings of $5.17 per share, topping the consensus estimate of $4.98. Revenue totaled $1.5 billion, slightly below Wall Street’s $1.53 billion forecast but still up 4% year over year. Organic sales growth came in at 3.2% for the quarter.

The Electrical Solutions segment was the main growth engine, with revenue climbing 10% to $559 million — including 8% organic growth — thanks to solid demand from data center and light industrial markets. The Utility Solutions segment grew more modestly by 1% to $944 million.

“Hubbell delivered double digit adjusted earnings per diluted share growth in the third quarter, driven by strong organic growth in Electrical Solutions and Grid Infrastructure products within our Utility Solutions segment, as well as a lower year-over-year tax rate,” said Gerben Bakker, Chairman, President and CEO.

The company’s adjusted operating margin improved slightly to 23.9% from 23.8% a year earlier. Pricing actions and productivity gains helped offset inflation, higher raw material costs, and tariffs.

Looking ahead, Hubbell raised its full-year adjusted earnings guidance to a range of $18.10–$18.30 per share, above the analyst consensus of $17.92. The company now expects organic sales growth between 3% and 4% for the year.

“Operationally, price and productivity exceeded cost inflation across both segments in the quarter, driven by Hubbell’s strong positions in attractive markets and execution in proactively managing our cost structure,” Bakker added.

Free cash flow rose to $254 million in the third quarter, up 34% from $189 million in the same period last year.

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