Hubbell Incorporated (HUBB) reported quarterly earnings results on Tuesday, Jul-26-2016. The company said it had a profit of $1.53 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $1.43. The company posted revenue of $908.80 million in the period, compared to analysts expectations of $898.99 million. The company’s revenue was up 4.0% compared to the same quarter last year.
In a different news, on Mar 7, 2016, William R Sperry (Senior Vice President & CFO) sold 2,500 shares at $101.05 per share price. According to the SEC, on Feb 5, 2016, David G Nord (Chairman, President & CEO) sold 14,438 shares at $91.95 per share price.
Hubbell Incorporated (Hubbell) is engaged in the design manufacture and sale of electrical and electronic products for a range of non-residential and residential construction industrial and utility applications. The Company operates in two segments: Electrical and Power. The Electrical segment consists of electrical systems products and lighting products. The Electrical segment consists of businesses which sell stock and custom products including standard and special application wiring device products rough-in electrical products connector and grounding products lighting fixtures and controls. It also offers light-emitting diode (LED) luminaire products. The Power segment designs and manufactures various distribution transmission substation and telecommunication products used by the electrical utility industry. It offers these products to electric utilities telecommunication companies pipeline and mining operations and construction and engineering firms among others.