Hubbell Inc

HUBB: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Hubbell Earnings: Weakness in Grid Upgrade Spending Drags Stellar Electrical Segment Results

Hubbell reported a 2% decline in sales year over year, but EPS grew over 15% on 120 basis points of EBIT margin expansion. Management kept full-year guidance with the threat of lowering it in the coming months, sending shares down over 5% on May 1.

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