Hubbell Incorporated (HUBA,HUBB), a maker of electrical and electronic products, on Thursday revised up its annual total sales growth outlook. In addition, the company has revised earnings guidance.
For fiscal 2026, the company now projects total sales growth of 8% to 11%, compared with the previous expectation of 7% to 9%.
Hubbell anticipates net income of $17.45 to $18 per share, compared with the earlier outlook of $17.30 to $18 per share.
Excluding items, the company anticipates earnings of $19.30 to $19.85 per share as against the prior guidance of $19.15 to $19.85 per share.
For fiscal 2025, Hubbell had reported net income of $16.54 per share, with adjusted profit of $18.21 per share, on sales of $5.844 billion.
HUBB was down by 6.42% at $511.01 in the pre-market trade on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.