Hubbell Inc. Set to Report Q3 Earnings, Analysts Predict 11% Profit Growth
Hubbell Incorporated (HUBB), a leading provider of electrical and utility solutions, is set to unveil its fiscal third-quarter earnings on Tuesday, October 28. The company has a market capitalisation of $23.1 billion.
Analysts anticipate HUBB to report a profit of $4.99 per share in Q3 2025, marking an 11.1% increase from the prior year's quarter. This expectation follows HUBB's track record of surpassing Wall Street's estimates in three out of the last four quarters. Despite a recent 2.5% price drop after mixed Q2 earnings, analysts maintain a 'Moderate Buy' rating, with a mean price target of $466.22, suggesting a 7.4% potential upside.
Over the past year, HUBB shares have declined by 4%, lagging behind the S&P 500 Index and the Industrial Select Sector SPDR Fund. However, looking ahead, analysts forecast a profit of $17.91 per share for fiscal 2025, indicating an 8.1% increase from fiscal 2024.
Hubbell Incorporated is scheduled to announce its fiscal Q3 earnings on October 28. Analysts' positive outlook, despite recent price fluctuations, suggests optimism in the company's financial performance.
