Reports Q4 revenue $1.345.8B, consensus $1.32B. “Hubbell delivered a strong finish to a strong year,” said Gerben Bakker, Chairman, President and CEO. “For the full year 2023, the Company generated over 40% operating profit and earnings growth for our shareholders, while accelerating investments back into our business to serve our customers and drive long-term growth and productivity. We also continued to execute on our strategy to create a focused portfolio of critical infrastructure solutions aligned around grid modernization and electrification.”
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Read More on HUBB:
- Hubbell Incorporated Declares Regular Quarterly Dividend
- Hubbell to Announce Fourth Quarter 2023 Results on January 30, 2024
- Hubbell price target raised to $362 from $347 at TD Cowen
- Hubbell price target raised to $330 from $325 at Barclays
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