Hubbell Inc
HUBB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Tw | LOCK|p@! | LOCK|MD@k@<? |
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.
