Shelton, Connecticut-based Hubbell Incorporated (HUBB) designs, manufactures, and sells electrical and electronic products to commercial, industrial, utility, and telecommunications markets. With a market cap of $22.1 billion, Hubbell operates through Electrical Solutions and Utility Solutions segments.

The company is expected to announce its second-quarter results on Tuesday, Jul. 29. Ahead of the event, analysts expect HUBB to deliver an EPS of $4.36, marginally down from $4.37 in the year-ago quarter. The company has surpassed the Street’s earnings projections thrice over the past four quarters while missing the estimates on one other occasion.

For the full fiscal 2025, HUBB is expected to deliver an EPS of $17.37, up 4.8% from $16.57 reported in the year-ago quarter. In fiscal 2026, its earnings are expected to further surge by 10% year-over-year to $19.10 per share.

HUBB stock has gained 10.8% over the past 52 weeks, lagging behind the Industrial Select Sector SPDR Fund’s (XLI) 22.8% surge and the S&P 500 Index’s ($SPX) 11.9% gains during the same time frame.

Hubbell’s stock prices dropped 5.5% after the release of its disappointing Q1 results on May 1. The company observed a notable boost in its electrical solutions revenues and organic growth in grid infrastructure. However, these gains were more than offset due to softness in grid automation demand and forex translation losses. Its revenues for the quarter dropped 2.4% year-over-year to $1.37 billion, missing the Street’s expectations. Meanwhile, its adjusted EPS declined by 2.8% to $3.50, falling short of the consensus estimates by 6.2%.

The stock holds a consensus “Moderate Buy” rating overall. Of the 11 analysts covering the HUBB stock, opinions include four “Strong Buys” and seven “Holds.” Its mean price target of $432.11 suggests a modest 4.6% upside potential from current price levels.