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Hubbell Incorporated  (HUBB)
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    Sector  Consumer Discretionary    Industry Electric & Wiring Equipment
 
 

EARNINGS REPORT by CSIMarket

Despite Strong ornbsp; segment, EPS fell


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Hubbell Incorporated announced first quarter 2018 operating profit of $99.6 millions



Company's earnings deteriorated despite Sales growth in the first quarter 2018, earnings decreased by -7.08 % to $1.05 per share, while Sales increased in double digits by 16.3 % to $991 millions, from the same quarter a year ago.

Eps more than doubled from the preceding quarter from $0.37 per share, Sales advanced by 8.01 % from $918 millions.

Net income of $60 millions in the first quarter 2018 fell by -6.42 % from $64 millions in the corresponding period a year before. Hubbell Incorporated shifted it's focus on improving sales in the first quarter 2018, as a result net margin eased to 6.03%.


Hubbell Incorporated is expected to report next financial results on October 26, 2018.
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Hubbell Incorporated reported forth quarter 2017 earnings

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