Hubbell Incorporated reports results on Tuesday 27 October, before the market opens.
Source: reported quarterly EPS and aggregated third-party estimates. Historical surprises are context, not a forecast.
View chart data
| Period | Reported EPS | Analysts' estimate |
|---|---|---|
| Sep '25 | $5.17 | $4.98 |
| Dec '25 | $4.73 | $4.72 |
| Mar '26 | $3.93 | $3.86 |
| Jun '26 | $5.52 | $5.39 |
What analysts expect
Analysts have been raising their forecasts going into the report. The average EPS estimate for the quarter is $5.75, in a range from $5.61 to $5.96, while the average revenue estimate stands at $1.9 billion. For full-year EPS, the analysts’ average estimate is $20.51 (based on 13 analysts), which would be up 12.7% on last year and has risen 2.6% over the past 90 days. Of the recommendations, 7 are positive, 8 neutral and 0 negative.
Company guidance
In its latest earnings release, management set 2026 GAAP diluted earnings per share guidance at $17.25 to $17.55. In the same release, it set FY 2026 adjusted diluted earnings per share (Adjusted EPS) guidance at $20.25 to $20.55.
Earnings surprise model
The model estimates EPS could land above the analysts’ average estimate by 1.0%. Its estimated chance of an EPS beat is 75.0%, based on the last 4 quarters. The model shrinks the median recent surprise toward zero and uses a neutral prior for beat frequency; this small sample is a reference estimate, not company guidance.
Track record against estimates
The company reported EPS above the analysts’ average estimate in 4 of the last 4 quarters. Last quarter, EPS of $5.52 compared with an estimate of $5.39, above it by 2.4%.
The trends going in
Today’s cash margin sits near the top of the company’s own record. The trailing gross margin was 35.2%, while the operating margin stood at 20.2%, down 0.1 percentage points from a year earlier, and the net margin was 14.5%. Net income over the twelve months was $901.9 million, which rose 8.4% on the year before.
Where the cash went
The cash flow statement shows growth. Operating cash flow over the twelve months was $1.1 billion, up 11.6% on the year before. Capital spending was $166.8 million, or 2.7% of revenue. Free cash flow, operating cash flow less capital spending, was $901.4 million, up 14.8% on the year before. The free-cash-flow margin was 14.5% of revenue, up 0.5 percentage points from a year earlier. The average diluted share count fell 1.0% over the year.
In context
Measured against its own history: today’s free-cash-flow margin of 14.5% is higher than 91% of the company’s own past quarterly readings, which have ranged from 6.0% to 15.4%. Today’s operating margin of 20.2% is higher than 94% of past readings (11.5% to 20.7%). Today’s twelve-month revenue growth rate of 10.6% is higher than 70% of past readings (−19.8% to 22.2%).
Questions this report will answer
Whether the pick-up in revenue growth continues. Whether results land above or below the analysts’ expectations set out above. Meanwhile, whether margins hold at the trailing levels above. The next filing will show whether the trends above continue, slow or reverse.
The valuation angle
Our model translates these figures into value. In our model, growth 5 percentage points lower would lower the value by 31.1%, and 5 percentage points higher would raise it by 40.3%. A free-cash-flow margin 1 percentage point lower would lower it by 8.7%.
