Why Electrical Solutions Provider Hubbell Shares Are Up Toda

Why Electrical Solutions Provider Hubbell Shares Are Up Today Why Electrical Solutions Provider Hubbell (HUBB) Shares Are Up Today - Hubbell (NYSE:HUBB)

Hubbell Inc (NYSE: HUBB) surges as Q4 FY23 results exceed expectations, reporting $1.35 billion in net sales, with adjusted EPS of $3.69 surpassing consensus. Strategic moves include a $1.1 billion acquisition and a $131 million sale. The upbeat FY24 outlook anticipates adjusted EPS of $16.00-$16.50 and 8%-10% sales growth.

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