Hubbell sees FY25 adjusted EPS $17.35-$17.85, consensus $17.70

For the full year 2025, Hubbell (HUBB) anticipates total sales growth and organic sales growth of 4-5%. Hubbell expects 2025 GAAP diluted earnings per share from continuing operations in the range of $16.00 to $16.50 and adjusted diluted earnings per share from continuing operations in the range of $17.35 to $17.85. Adjusted EPS excludes amortization of acquisition-related intangible assets, which the Company expects to be approximately $1.35 per share for the full year. The Company believes Adjusted EPS is a useful measure of underlying financial performance in light of our acquisition strategy. The diluted earnings per share and Adjusted EPS ranges are based on an adjusted tax rate of 22.0 to 22.5% and include approximately $20 million of anticipated restructuring and related investment. The Company expects full year 2025 free cash flow conversion of 90% or greater on adjusted net income.