HUBB: Strong electrical and data-center demand drove higher guidance and a favorable 2027 setup

Hubbell Inc (HUBB) reported Q3 2026 sales up 25%, driven by data center demand. Utility Solutions' organic growth outlook was lowered to 6-7% for 2026 due to component shortages and slower substation control house ramp. Grid Automation declined 4% organically, with $15M revenue shifted to Q4. Q4 operating margins are expected to decline year-over-year in Utility Solutions due to inflation, investments, and customer considerations.

Hubbell Inc. reported Q3 2026 earnings, with Electrical Solutions organic growth of 22% driven by data center sales. Utility Solutions faced temporary headwinds. The company expects 2027 organic growth of at least mid-single digits, with capital investment doubling. Data center revenues are projected to reach 15% of Electrical segment sales by year-end 2026.

Hubbell (HUBB) reported Q3 sales growth of 9% in Utility Solutions, with adjusted operating profit rising 10% to $267M. Grid Infrastructure grew 8%, while Grid Automation declined 4% due to a meter component shortage, shifting $15M in revenue to Q4. Hubbell raised its 2026 sales growth outlook to 18-19% and adjusted EPS guidance to $20.40-$20.60. The company expects strong growth in data-center, transmission, and renewable markets in 2027.

Hubbell (HUBB) reported Q3 adjusted EPS of $5.91 and revenue of $1.87B, beating estimates. The company raised its 2026 EPS guidance to $20.40-$20.60, matching analysts' expectations. Shares fell 6% despite the beat, with Electrical Solutions growing 22% organically, driven by data center demand.

Hubbell (HUBB) reported Q3 2026 earnings with 25% sales growth to $1.873B, driven by 22% organic growth in Electrical Solutions and 5% in Utility Solutions. Adjusted EPS rose 14% to $5.91. The company raised its full-year 2026 outlook, citing strong growth in Electrical Solutions. Hubbell also highlighted progress in managing inflation and supply chain challenges. The NSI acquisition is performing ahead of expectations.

Hubbell Inc. (HUBB) reported Q3 2026 with double-digit growth in sales, adjusted operating profit, adjusted EPS, and free cash flow. Electrical Solutions saw 22% organic growth, leading to a revised 2026 EPS outlook of $20.40-$20.60 and a raised organic growth target of 17%-18%.