Hubbell Inc

HUBB: XNYS (USA)
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Hubbell Earnings: Continued Weak Utility Meter Spending Offsets Strength in Remaining Business

Hubbell reported flat sales year over year, but 160 basis points of EBIT margin expansion led to nearly 14% earnings per share growth. Management raised its EPS outlook, and shares were down over 2% the morning of July 29.

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