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Stock impact report

Hubbell Announces First Quarter 2020 Earnings Date and Provides Update on COVID-19 Response

Hubbell Inc (HUBB) 
Last hubbell inc earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: GlobeNewswire
Shelton, CT, April 15, 2020 (GLOBE NEWSWIRE) -- Hubbell today announced that it will release first quarter 2020 financial results prior to the opening of the market on April 30, 2020. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. These preliminary results are anticipated to be consistent with the Company’s previously communicated expectation to deliver modest growth in adjusted diluted earnings per share relative to the first quarter of 2019. Strong results in the Utility Solutions segment driven by ongoing grid modernization and renewable energy trends, as well as footprint optimization productivity initiatives and positive price/cost drove performance in the first quarter. These factors allowed the Company to overcome headwinds incurred in the quarter as a result of disruptions related to the COVID-19 pandemic, primarily in the Electrical segment. As a result of the challenging and highly uncertain economic Show less Read more
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