Investors and market participants can look forward to the unveiling of Hubbell Incorporated (NYSE: HUBB) third quarter financial results on Tuesday 29th October 2024. This important update will be made available before market open.
Wall Street financial experts forecast that the firm is set to announce an expected $4.45 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $1.48 billion for this particular period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $5.77 billion. Furthermore, they expect the business to achieve profit of $16.43 per share during the fiscal year.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $3.95. This significant amount was the outcome of the company's total revenue, which reached an impressive $1.38 billion during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $4.37 | +7.4% | 1.45 B | +6.4% |
| Q1 2024 | $3.60 | -0.3% | 1.40 B | +8.9% |
| Q4 2023 | $3.69 | +41.9% | 1.35 B | +10.3% |
| Q3 2023 | $3.95 | +28.2% | 1.38 B | +4.6% |
| Q2 2023 | $4.07 | +44.8% | 1.37 B | +8.8% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
Friday's trading saw Hubbell Incorporated (HUBB) shares hit a low of $443.29 and a high of $454.04, with a day volume of 376.70 thousand shares. The stock closed the regular trading session at $444.52, reflecting 1.26 percent downfall.