Hubbell raises 2026 adjusted EPS outlook to $20.40-$20.60
Bitget2026/10/27 11:43- Hubbell raised its 2026 adjusted EPS forecast to $20.40-$20.60 from $20.25-$20.55, driven by stronger sales growth.
- Sales growth is now projected at 18%-19%, up from 16%-18%.
- Organic sales growth guidance increased to 10%-11% from 9%-11%, supported by Electrical Solutions strength.
- Adjusted operating margin guidance fell to 23%-23.2% from 23.1%-23.4%, reflecting cost inflation, sales mix and continued investment.
- Third-quarter organic sales rose 11%; adjusted EPS increased 14% to $5.91.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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