Hubbell Inc
HUBB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|rk | LOCK|@< | LOCK|pJz>ssf |
Hubbell Earnings: Continued Weak Utility Meter Spending Offsets Strength in Remaining Business
Hubbell reported flat sales year over year, but 160 basis points of EBIT margin expansion led to nearly 14% earnings per share growth. Management raised its EPS outlook, and shares were down over 2% the morning of July 29.
