Strong Demand for Data Center Products Drives Hubbell’s Quarterly Profit Growth Year-on-Year
Special Report: Focus on U.S. Stocks Q4 2025 Earnings
Driven by strong demand from data centers for its power equipment, Hubbell reported year-over-year profit growth for the fourth quarter on Tuesday.
Headquartered in Shelton, Connecticut, USA, Hubbell mainly produces wiring and lighting systems. As more and more companies deploy artificial intelligence technology, there has been a global construction boom in data centers, allowing the company to benefit from this development trend.
The company's power products segment saw a 14% year-over-year increase in fourth-quarter sales, with its main products serving the transportation, data center, and heavy industry markets.
According to the financial report, the company’s adjusted earnings per share for the fourth quarter were $4.73, compared to $4.13 in the same period last year; data compiled by the London Stock Exchange Group showed analysts had previously expected an average of $4.70.
For the quarter ended December 31, total revenue reached $1.49 billion, up 11.9% year-over-year.
The power equipment manufacturer expects full-year adjusted earnings per share in the range of $19.15 to $19.85, while market analysts' average forecast is $19.82.
Editor: Guo Mingyu
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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