Hubbell Q3 FY2026: sales +24.6%, adjusted EPS $5.91, outlook raised
Hubbell cleared the adjusted EPS bar by a whisker — $5.91 versus $5.87 expected — and lifted full-year adjusted EPS to $20.40–$20.60, so the quarter reads as a modest beat-and-raise. Revenue of $1.87 billion rose 24.6%, though 13.2 points of that came from acquisitions. Read the scorecard for organic growth and margins, and the balance sheet for what the deals cost.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $4.94 and adjusted EPS $5.91, roughly $0.04 above the $5.8662 consensus — a beat, but a thin one. The $0.97 gap between the two numbers is $0.89 of acquisition amortization and $0.08 of deal costs, and that gap widens as Hubbell buys businesses. Nine-month adjusted EPS of $15.37 means the $20.40–$20.60 full-year target needs $5.03–$5.23 in the fourth quarter.
Revenue of $1.87 billion rose 24.6% from $1.50 billion, but acquisitions supplied 13.2 points and currency 0.1, leaving organic growth of 11.3%. Electrical Solutions did the heavy lifting at $844.7 million, up 51.2% with 22.0% organic, while Utility Solutions grew 8.9% to $1,027.8 million. No revenue consensus was supplied, so the mix — not the top line versus expectations — is the story.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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