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Hubbell Inc Surges to 401st in Trading Volume with $264 Million Turnover
Generated by AI AgentAinvest Market Brief
Wednesday, Apr 30, 2025 8:17 pm ET1min read
On April 30, 2025,
Inc. (HUBB) saw a significant increase in trading volume, with a turnover of $264 million, marking a 67.12% rise from the previous day. This surge placed Hubbell at the 401st position in terms of trading volume for the day. The stock price of Hubbell Inc. rose by 1.03%, marking the second consecutive day of gains, with a total increase of 1.45% over the past two days.Analysts are anticipating that Hubbell will report quarterly earnings of approximately $3.73 per share in its upcoming report, reflecting a positive outlook for the company's financial performance. This projection aligns with the company's guidance for fiscal year 2025, which ranges from $17.350 to $17.850 per share.
Hubbell is expected to release its Q1 2025 earnings report before the market opens on Thursday, May 1. This report will provide insights into the company's revenue and earnings performance for the quarter, with analysts projecting earnings of $3.77 per share and revenue of $1.39 billion.
Mizuho has recently adjusted its target price for Hubbell, lowering it from $490 to $420. This revision reflects the firm's updated assessment of the company's future performance and market conditions.
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