BUZZ-Hubbell falls on mixed Q1 results

Reuters04-30

** Electrical equipment maker Hubbell's shares fall 7% to $378.66

** HUBB reports Q1 profit slightly above analysts' estimates, on strong demand from utilities for its smart meters and control devices used in power grids

** Posts adjusted EPS of $3.60 per share, below $3.61 a year ago, but above estimates of $3.58 - LSEG data

** Co reiterates 2024 adjusted EPS forecast range of $16 to $16.50

** Q1 revenue rises ~9% to about $1.4 bln, marginally above estimates of $1.39 bln

** Stock up ~15% YTD

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

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