News & Videos - HUBBELL INC - Page 2

Shelton, CT, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Exhibit 99.1 HUBBELL REPORTS THIRD QUARTER 2023 RESULTS Q3 diluted EPS from continuing operations of $3.70; adjusted diluted EPS from continuing operations of $3.95 Q3 net sales +5% (organic +4%, acquisitions +1%) Operating margin expansion of 460 bps; adjusted operating margin expansion of 440 bps Raise FY23 diluted EPS from continuing operations to $14.00-$14.25; adjusted diluted EPS of $15.00-$15.25 SHELTON, CT. (October 31, 2023) – Hubbell...

Shelton, CT, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Hubbell to Acquire Systems Control Leading provider of substation control and relay panels, as well as turnkey substation control building solutions Enhances Hubbell’s industry-leading Utility Solutions portfolio Attractive growth profile aligned to megatrends in aging infrastructure, grid automation, renewables and electrification $1.1 billion purchase price represents ~12x projected 2024 EBITDA multiple Transaction to be financed with cash and...

Shelton, CT, Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 9% increase in its common stock dividend rate. The new annual payment of $4.88 per share, or $1.22 per quarter, compares to the former rate of $4.48 per share, or $1.12 per quarter. The dividend will be paid on December 15, 2023 to shareholders of record on November 30, 2023. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling...

Shelton, CT, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2023 financial results prior to the opening of the market on October 31, 2023. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, July 25, 2023 (GLOBE NEWSWIRE) -- HUBBELL REPORTS SECOND QUARTER 2023 RESULTS Q2 diluted EPS from continuing operations of $3.82; adjusted diluted EPS from continuing operations of $4.07 Q2 net sales +9% (organic +6%, acquisitions +3%) Operating margin expansion of 590 bps; adjusted operating margin expansion of 580 bps Raise FY23 diluted EPS from continuing operations to $13.75-$14.25; adjusted diluted EPS of $14.75-$15.25 Hubbell Incorporated (NYSE: HUBB) today reported operating...

Shelton, CT, July 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.12 per share on the Company’s common stock. The dividend will be paid on September 15, 2023 to shareholders of record on August 31, 2023. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2022 revenues of $4.9 billion,...

Shelton, CT, July 12, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its second quarter 2023 financial results prior to the opening of the market on July 25, 2023. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, June 28, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) announces the election of Debra L. Dial as a Director of the company effective July 1, 2023. Ms. Dial brings over 25 years of experience in financial reporting and strategy with a Fortune 20 global telecommunications company. Hubbell has added three new independent directors in the last three years as part of its ongoing Board succession program. Hubbell’s Chairman, President and CEO,...

Shelton, CT, June 07, 2023 (GLOBE NEWSWIRE) -- Hubbell Announces New Segment Leadership Allan Connolly, current President of Hubbell Utility Solutions segment retiring Greg Gumbs appointed President of Hubbell Utility Solutions segment Mark Mikes appointed President of Hubbell Electrical Solutions segment Shelton, CT, June 7, 2023 - Hubbell Incorporated (NYSE: HUBB) (“Hubbell” or the “Company”) today announced that Allan Connolly, President of Hubbell Utility Solutions (“HUS”), will...

Shelton, CT, April 25, 2023 (GLOBE NEWSWIRE) -- HUBBELL REPORTS FIRST QUARTER 202 3 RESULTS Q1 diluted EPS from continuing operations of $3.37; adjusted diluted EPS from continuing operations of $3.61 Q1 net sales +11% (organic +10%) Operating margin expansion of 700 bps; adjusted operating margin expansion of 680 bps Raise FY23 diluted EPS from continuing operations to $12.00-$12.50; adjusted diluted EPS of $13.00-$13.50 SHELTON, CT. (April 25, 2023) – Hubbell Incorporated (NYSE: HUBB) today...

Shelton, CT, April 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.12 per share on the Company’s common stock. The dividend will be paid on June 15, 2023 to shareholders of record on May 31, 2023. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2022 revenues of $4.9 billion, Hubbell...

Shelton, CT, April 12, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its first quarter 2023 financial results prior to the opening of the market on April 25, 2023. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, March 14, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) has been recognized by Ethisphere as one of the 202 3 World’s Most Ethical Companies . This is the third time Hubbell has achieved this recognition. Hubbell’s Chairman, President and Chief Executive Officer, Gerben Bakker stated, “We are honored to have been recognized among the World’s Most Ethical Companies for the third consecutive year. Integrity is one of Hubbell’s core values. I’m pleased to...

Lowe's Announces National Partnership with Hubbell Incorporated PR Newswire MOORESVILLE, N.C., March 1, 2023 Lowe's Becomes the National Home Improvement Retailer Where Pros Can Find Bell, RACO, TayMac and Wiegmann Brands MOORESVILLE, N.C. , March 1, 2023 /PRNewswire/ -- Today Lowe's announced a national partnership offering top professional electrical box brands from Hubbell Incorporated's Electrical Solutions segment at Lowe's stores and on Lowes.com. As part of the partnership, Lowe's becomes...

Shelton, CT, Jan. 31, 2023 (GLOBE NEWSWIRE) -- HUBBELL REPORTS FOURTH QUARTER 202 2 AND FULL YEAR RESULTS FROM CONTINUING OPERATIONS Q4 diluted EPS from continuing operations of $2.27; adjusted diluted EPS from continuing operations of $2.60 Q4 net sales from continuing operations +11% (organic +10%) FY 2022 diluted EPS from continuing operations of $9.43; adjusted diluted EPS from continuing operations of $10.62 FY 2023 diluted EPS from continuing operations expected range of $10.00-$10.50;...

Shelton, CT, Jan. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.12 per share on the Company’s common stock. The dividend will be paid on March 15, 2023 to shareholders of record on February 28, 2023. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2021 revenues of $4.2 billion, Hubbell...

Shelton, CT, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its fourth quarter 2022 financial results prior to the opening of the market on January 31, 2023. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, Oct. 25, 2022 (GLOBE NEWSWIRE) -- HUBBELL REPORTS THIRD QUARTER 2022 RESULTS Q3 diluted EPS of $2.78; adjusted diluted EPS of $3.08 Q3 net sales +21% (organic +20%) Operating margin expansion of 200 bps; adjusted operating margin expansion of 190 bps Raise FY22 diluted EPS to $9.10-$9.30; adjusted diluted EPS of $10.25-$10.45 SHELTON, CT. (October 25, 2022) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the third quarter ended September 30, 2022. The...

Shelton, CT, Oct. 21, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 7% increase in its common stock dividend rate. The new annual payment of $4.48 per share, or $1.12 per quarter, compares to the former rate of $4.20 per share, or $1.05 per quarter. The dividend will be paid on December 15, 2022 to shareholders of record on November 30, 2022. Additionally, the Board of Directors approved a new share repurchase authorization of up to $300...

Shelton, CT, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2022 financial results prior to the opening of the market on October 25, 2022. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Release section. You can also access this information by going to...