Does Stronger Margins Amid Soft Sales Change The Bull Case For Hubbell’s Grid Story (HUBB)?
In late October, Hubbell reported mixed third-quarter results, with net sales rising but missing estimates, while adjusted EPS grew more than 10% and surpassed analyst expectations, prompting an upward revision to its fiscal 2025 adjusted EPS guidance. This combination of stronger-than-expected profitability and higher earnings guidance, despite softer sales, highlights the company’s improving efficiency and cost control. Next, we’ll examine how Hubbell’s upgraded earnings guidance reshapes...