Hubbell Raises FY24 Adj. EPS Outlook From $16.20 - $16.50 To $16.35 - $16.55 (Est $16.43)
Portfolio Pulse from Benzinga Newsdesk
Hubbell has raised its fiscal year 2024 adjusted EPS outlook from a range of $16.20 - $16.50 to $16.35 - $16.55, with an estimated EPS of $16.43.
October 29, 2024 | 11:36 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Hubbell has raised its FY24 adjusted EPS outlook, indicating a positive financial performance expectation. The new range is $16.35 - $16.55, slightly above the previous range.
The increase in the EPS outlook suggests that Hubbell is expecting better financial performance than previously anticipated. This is likely to positively impact investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100