Hubbell Inc. Q1 2024 Results: Sales Growth Reported
Ticker: HUBB · Form: 10-Q · Filed: 2024-05-01T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
Hubbell Inc. Q1 sales up. Check the full 10-Q for details.
AI Summary
Hubbell Inc. reported its first quarter results for the period ending March 31, 2024. The company's financial performance for Q1 2024 showed a net sales increase compared to the same period in the prior year. Specific financial figures and operational details are available within the full filing.
Why It Matters
This filing provides investors with an update on Hubbell Inc.'s financial health and operational performance in early 2024, influencing investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial information.
Key Numbers
- Q1 2024 — Reporting Period (First quarter of 2024 financial performance)
- 2023-03-31 — Prior Year Period End (Comparison point for Q1 2024 results)
Key Players & Entities
- HUBBELL INC (company) — Filer
- 20240331 (date) — Period of Report
- 20240501 (date) — Filed as of Date
- 0000048898 (company) — Central Index Key
FAQ
What was the net sales for the first quarter of 2024?
The filing indicates net sales for the period ending March 31, 2024, but specific dollar amounts require further detail from the full financial statements within the report.
How does the Q1 2024 performance compare to Q1 2023?
The filing suggests a comparison is available, with Q1 2024 results being reported against the period ending March 31, 2023.
What is Hubbell Inc.'s fiscal year end?
Hubbell Inc.'s fiscal year ends on December 31.
Where is Hubbell Inc. headquartered?
Hubbell Inc. is headquartered at 40 WATERVIEW DR, SHELTON, CT 06484-1000.
What is the SIC code for Hubbell Inc.?
The Standard Industrial Classification code for Hubbell Inc. is 3670 (ELECTRONIC COMPONENTS & ACCESSORIES).
From the Filing
0001628280-24-019474.txt : 20240501 0001628280-24-019474.hdr.sgml : 20240501 20240501081241 ACCESSION NUMBER: 0001628280-24-019474 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 97 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240501 DATE AS OF CHANGE: 20240501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUBBELL INC CENTRAL INDEX KEY: 0000048898 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060397030 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-02958 FILM NUMBER: 24900174 BUSINESS ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 BUSINESS PHONE: 2037994100 MAIL ADDRESS: STREET 1: 40 WATERVIEW DR CITY: SHELTON STATE: CT ZIP: 06484-1000 FORMER COMPANY: FORMER CONFORMED NAME: HUBBELL HARVEY INC DATE OF NAME CHANGE: 19860716 10-Q 1 hubb-20240331.htm 10-Q hubb-20240331 false 0000048898 --12-31 2024 Q1 http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#DebtCurrent http://fasb.org/us-gaap/2023#DebtCurrent 0.3333 0.3333 0.3333 0.3333 0.3333 0.3333 0000048898 2024-01-01 2024-03-31 0000048898 2024-04-25 xbrli:shares iso4217:USD 0000048898 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0000048898 2024-03-31 0000048898 2023-12-31 0000048898 2022-12-31 0000048898 2023-03-31 0000048898 hubb:PaymentServicesArrangementMember 2023-12-31 0000048898 hubb:PaymentServicesArrangementMember 2024-03-31 0000048898 hubb:PaymentServicesArrangementMember 2024-01-01 2024-03-31 0000048898 hubb:CommercialCardProgramMember 2021-01-01 2021-12-31 0000048898 hubb:CommercialCardProgramMember 2023-12-31 0000048898 hubb:CommercialCardProgramMember 2024-03-31 0000048898 hubb:CommercialCardProgramMember 2024-01-01 2024-03-31 0000048898 hubb:EIElectronicsLLCMember 2023-04-01 2023-06-30 0000048898 hubb:IndustriaEletromecanicaBalestroLtdaMember 2023-10-01 2023-12-31 0000048898 hubb:NorthernStarHoldingsIncMember 2023-10-01 2023-12-31 0000048898 hubb:A2023AcquisitionsMember 2023-12-31 0000048898 us-gaap:DiscontinuedOperationsDisposedOfBySaleMember 2024-01-01 2024-03-31 0000048898 us-gaap:DiscontinuedOperationsHeldforsaleMember hubb:ResidentialLightingBusinessMember 2023-12-31 xbrli:pure 0000048898 hubb:GridInfrastructureMember hubb:UtilitySolutionsSegmentMember 2024-01-01 2024-03-31 0000048898 hubb:GridInfrastructureMember hubb:UtilitySolutionsSegmentMember 2023-01-01 2023-03-31 0000048898 hubb:GridAutomationMember hubb:UtilitySolutionsSegmentMember 2024-01-01 2024-03-31 0000048898 hubb:GridAutomationMember hubb:UtilitySolutionsSegmentMember 2023-01-01 2023-03-31 0000048898 hubb:UtilitySolutionsSegmentMember 2024-01-01 2024-03-31 0000048898 hubb:UtilitySolutionsSegmentMember 2023-01-01 2023-03-31 0000048898 hubb:ElectricalSegmentMember hubb:ElectricalProductsMember 2024-01-01 2024-03-31 0000048898 hubb:ElectricalSegmentMember hubb:ElectricalProductsMember 2023-01-01 2023-03-31 0000048898 hubb:ElectricalSegmentMember hubb:ConnectionAndBondingMember 2024-01-01 2024-03-31 0000048898 hubb:ElectricalSegmentMember hubb:ConnectionAndBondingMember 2023-01-01 2023-03-31 0000048898 hubb:ElectricalSegmentMember hubb:IndustrialControlsMember 2024-01-01 2024-03-31 0000048898 hubb:ElectricalSegmentMember hubb:IndustrialControlsMember 2023-01-01 2023-03-31 0000048898 hubb:RetailAndBuilderMember hubb:ElectricalSegmentMember 2024-01-01 2024-03-31 0000048898 hubb:RetailAndBuilderMember hubb:ElectricalSegmentMember 2023-01-01 2023-03-31 0000048898 hubb:ElectricalSegmentMember 2024-01-01 2024-03-31 0000048898 hubb:ElectricalSegmentMember 2023-01-01 2023-03-31 0000048898 country:US hubb:UtilitySolutionsSegmentMember 2024-01-01 2024-03-31 0000048898 country:US hubb:UtilitySolutionsSegmentMember 2023-01-01 2023-03-31 0000048898 us-gaap:NonUsMember hubb:UtilitySolutionsSegmentMember 2024-01-01 2024-03-31 0000048898 us