Hubbell 4Q Net, Sales Up, Co Sees '26 Growth Amid AI Data-Center Demand

Dow Jones02-03 20:54

By Rob Curran

Hubbell's fourth-quarter profit and sales rose sharply and the electrical-equipment company forecast more growth this year amid data-center development, load growth and grid investment.

The manufacturer of electrical and utility products such as wiring and plugs posted earnings of $224.2 million, or $4.19 a share, up from $198.2 million or $3.66 a share, a year earlier.

Stripping out certain one-time items such as 50 cents a share related to amortization of acquired assets, Hubbell posted earnings of $4.73 a share, topping the mean analyst estimate of $4.71 a share, as per FactSet.

Hubbell's sales surged 12% to $1.49 billion, in line with the average analyst estimate, as per FactSet.

Sales at the utility solutions unit rose 10% to $936 million. Rising demand for grid infrastructure products offset weakness in grid automation sales.

Electrical solutions sales rose 14% to $557 million.

For 2026, Hubbell, of Shelton, Conn., forecast earnings per share in a range between $17.30 and $18 a share, compared to $16.54 a share in 2025. Hubbell projected 2026 adjusted earnings of $19.15-to-$19.85 a share.

The company forecast sales growth of 7% to 9% from 2025 levels of $5.84 billion. Hubbell targeted organic sales growth, excluding the impact of acquisitions and other skew factors, of 5% to 7%.

U.S. electricity demand is rising steadily in the U.S. because of the artificial-intelligence boom.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

February 03, 2026 07:54 ET (12:54 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2608876286?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-03 20:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608876286","market":"fut","top_or_hot":-1,"title":"Hubbell 4Q Net, Sales Up, Co Sees '26 Growth Amid AI Data-Center Demand","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Rob Curran \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Hubbell's fourth-quarter profit and sales rose sharply and the electrical-equipment company forecast more growth this year amid data-center development, load growth and grid investment. \n</p>\n<p>\n  The manufacturer of electrical and utility products such as wiring and plugs posted earnings of $224.2 million, or $4.19 a share, up from $198.2 million or $3.66 a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items such as 50 cents a share related to amortization of acquired assets, Hubbell posted earnings of $4.73 a share, topping the mean analyst estimate of $4.71 a share, as per FactSet. \n</p>\n<p>\n  Hubbell's sales surged 12% to $1.49 billion, in line with the average analyst estimate, as per FactSet. \n</p>\n<p>\n  Sales at the utility solutions unit rose 10% to $936 million. Rising demand for grid infrastructure products offset weakness in grid automation sales. \n</p>\n<p>\n  Electrical solutions sales rose 14% to $557 million. \n</p>\n<p>\n  For 2026, Hubbell, of Shelton, Conn., forecast earnings per share in a range between $17.30 and $18 a share, compared to $16.54 a share in 2025. Hubbell projected 2026 adjusted earnings of $19.15-to-$19.85 a share. \n</p>\n<p>\n  The company forecast sales growth of 7% to 9% from 2025 levels of $5.84 billion. Hubbell targeted organic sales growth, excluding the impact of acquisitions and other skew factors, of 5% to 7%. \n</p>\n<p>\n  U.S. electricity demand is rising steadily in the U.S. because of the artificial-intelligence boom. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 07:54 ET (12:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hubbell 4Q Net, Sales Up, Co Sees '26 Growth Amid AI Data-Center Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHubbell 4Q Net, Sales Up, Co Sees '26 Growth Amid AI Data-Center Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-03 20:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Rob Curran \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Hubbell's fourth-quarter profit and sales rose sharply and the electrical-equipment company forecast more growth this year amid data-center development, load growth and grid investment. \n</p>\n<p>\n  The manufacturer of electrical and utility products such as wiring and plugs posted earnings of $224.2 million, or $4.19 a share, up from $198.2 million or $3.66 a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items such as 50 cents a share related to amortization of acquired assets, Hubbell posted earnings of $4.73 a share, topping the mean analyst estimate of $4.71 a share, as per FactSet. \n</p>\n<p>\n  Hubbell's sales surged 12% to $1.49 billion, in line with the average analyst estimate, as per FactSet. \n</p>\n<p>\n  Sales at the utility solutions unit rose 10% to $936 million. Rising demand for grid infrastructure products offset weakness in grid automation sales. \n</p>\n<p>\n  Electrical solutions sales rose 14% to $557 million. \n</p>\n<p>\n  For 2026, Hubbell, of Shelton, Conn., forecast earnings per share in a range between $17.30 and $18 a share, compared to $16.54 a share in 2025. Hubbell projected 2026 adjusted earnings of $19.15-to-$19.85 a share. \n</p>\n<p>\n  The company forecast sales growth of 7% to 9% from 2025 levels of $5.84 billion. Hubbell targeted organic sales growth, excluding the impact of acquisitions and other skew factors, of 5% to 7%. \n</p>\n<p>\n  U.S. electricity demand is rising steadily in the U.S. because of the artificial-intelligence boom. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 07:54 ET (12:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HUBB","symbol_name":"哈勃集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608876286","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608876286","pubTimestamp":1770123240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hubbell's fourth-quarter profit and sales rose sharply and the electrical-equipment company forecast more growth this year amid data-center development, load growth and grid investment.The manufacturer of electrical and utility products such as wiring and plugs posted earnings of $224.2 million, or $4.19 a share, up from $198.2 million or $3.66 a share, a year earlier.Stripping out certain one-time items such as 50 cents a share related to amortization of acquired assets, Hubbell posted earnings of $4.73 a share, topping the mean analyst estimate of $4.71 a share, as per FactSet.Hubbell's sales surged 12% to $1.49 billion, in line with the average analyst estimate, as per FactSet.Sales at the utility solutions unit rose 10% to $936 million. Rising demand for grid infrastructure products offset weakness in grid automation sales.For 2026, Hubbell, of Shelton, Conn., forecast earnings per share in a range between $17.30 and $18 a share, compared to $16.54 a share in 2025. Hubbell projecte","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HUBB":"哈勃集团"},"translate_title":"Hubbell第四季度净销售额增长，Co预计人工智能数据中心需求将增长26","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HUBB":1.5},"content_text":"By Rob Curran \n\n\n \n\n\n  Hubbell's fourth-quarter profit and sales rose sharply and the electrical-equipment company forecast more growth this year amid data-center development, load growth and grid investment. \n\n\n  The manufacturer of electrical and utility products such as wiring and plugs posted earnings of $224.2 million, or $4.19 a share, up from $198.2 million or $3.66 a share, a year earlier. \n\n\n  Stripping out certain one-time items such as 50 cents a share related to amortization of acquired assets, Hubbell posted earnings of $4.73 a share, topping the mean analyst estimate of $4.71 a share, as per FactSet. \n\n\n  Hubbell's sales surged 12% to $1.49 billion, in line with the average analyst estimate, as per FactSet. \n\n\n  Sales at the utility solutions unit rose 10% to $936 million. Rising demand for grid infrastructure products offset weakness in grid automation sales. \n\n\n  Electrical solutions sales rose 14% to $557 million. \n\n\n  For 2026, Hubbell, of Shelton, Conn., forecast earnings per share in a range between $17.30 and $18 a share, compared to $16.54 a share in 2025. Hubbell projected 2026 adjusted earnings of $19.15-to-$19.85 a share. \n\n\n  The company forecast sales growth of 7% to 9% from 2025 levels of $5.84 billion. Hubbell targeted organic sales growth, excluding the impact of acquisitions and other skew factors, of 5% to 7%. \n\n\n  U.S. electricity demand is rising steadily in the U.S. because of the artificial-intelligence boom. \n\n\n \n\n\n  Write to Rob Curran at rob.curran@dowjones.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 03, 2026 07:54 ET (12:54 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2608876286","isCrawlerRequest":true}