SHELTON, Conn. (AP) — SHELTON, Conn. (AP) — Hubbell Inc. (HUBB) on Tuesday reported second-quarter profit of $244.2 million.
The Shelton, Connecticut-based company said it had profit of $4.56 per share. Earnings, adjusted for one-time gains and costs, were $4.93 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.36 per share.
The electrical products manufacturer posted revenue of $1.48 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $1.51 billion.
Hubbell expects full-year earnings in the range of $17.65 to $18.15 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUBB at https://www.zacks.com/ap/HUBB
/Super%20Micro%20Computer%20Inc%20logo%20on%20building-by%20Poetra_RH%20via%20Shutterstock.jpg)
