What's Next: Hubbell's Earnings Preview
Portfolio Pulse from Benzinga Insights
Hubbell is set to release its quarterly earnings on October 29, 2024, with analysts expecting an EPS of $4.45. The company's past performance shows a tendency for stock price increases following earnings beats. Currently, Hubbell has a Neutral consensus rating with a potential downside in its price target. The company's revenue growth and gross profit are strong compared to peers, but its return on equity is lower.
October 28, 2024 | 4:01 pm
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Hubbell is expected to announce its quarterly earnings with an EPS of $4.45. Past earnings beats have led to stock price increases. The company has a Neutral rating with a potential downside in its price target.
Hubbell's earnings release is a significant event, with past earnings beats leading to stock price increases. However, the current Neutral rating and potential downside in the price target suggest a balanced outlook. The market will closely watch the earnings and guidance for future price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100