HUBBELL $HUBB Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $1.9B (Est. $1.85B) 🟢; +25% YoY
🔹 Adj. EPS: $5.91 (Est. $5.75) 🟢; +14% YoY
🔹 Adjusted Operating Margin: 25.5%; +160 bps YoY
Raises FY26 Guide:
🔹 Adj. EPS: $20.40-$20.60 (Est. $20.49) 🟡
🔹 GAAP EPS: $17.30-$17.50
🔹 Organic Sales Growth: +10%-+11%
🔹 FCF Conversion: 90%
Segment Net Revenue:
🔹 Utility Solutions: $1.0B; +9% YoY
🔹 Electrical Solutions: $844.7M; +51% YoY
Other Q3 Metrics:
🔹 Free Cash Flow: $280.4M
🔹 Organic Net Sales Growth: +11.3%
Comments:
🔸 “Third quarter results were highlighted by >20% organic growth in Electrical Solutions, led by strong datacenter markets and bolstered by content gains and capacity expansion investments.”
🔸 “We are raising our full year 2026 outlook, primarily driven by stronger anticipated Electrical Solutions growth.”
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