Hubbell raises 2026 adjusted EPS outlook after Q3 sales rise 25%

Hubbell reported third-quarter 2026 net sales of $1.87 billion, up 25% year over year, while diluted EPS was $4.94 and adjusted diluted EPS increased 14% to $5.91. Electrical Solutions sales rose 51%, including 22% organic growth, and the company raised its full-year 2026 adjusted EPS outlook to $20.40-$20.60, alongside projected total sales growth of 18%-19%; net debt increased to $4.66 billion at September 30 following $3.01 billion of acquisitions.