Hubbell (HUBB) Q4 Earnings Preview
Key Metrics to Watch:
* Revenue: Analysts project $1.40 billion, representing a 4.1% annual increase but a slowdown from last year's 10.3% growth.
* Adjusted Earnings: Expected to reach $4.02 per share.
Analysts' Expectations:
* Analysts' estimates have remained largely unchanged in recent weeks, indicating confidence in Hubbell's performance.
* Over the past two years, HUBB has missed revenue forecasts six times.
Industry Peers:
* LSI reported strong Q4 revenue growth (35.5%), exceeding expectations.
* OSI Systems also surpassed estimates, with a 12.5% revenue increase.
* Both LSI and OSI Systems experienced post-earnings stock gains.
Investor Sentiment:
* The electrical systems sector has remained relatively stable ahead of earnings, with share prices hovering.
* HUBB's stock has declined 6.9% in the past month and trades below its average analyst target price ($461.86).
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