Hubbell Inc (HUBB) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Dan Inamorado, VP of Investor Relations. Please go ahead. Great. Thanks, Operator. Good morning, everyone, and thank you for joining us. Earlier this morning, we issued a press release announcing our results for the third quarter. The press release and slides are posted to the Investor section of our website at hubble.com. I'm joined today by our Chairman, President, and CEO, Gerben Vocker, and our Executive Vice President and CFO, Bill Sperry. Please note our comments this morning may include statements related to the expected future results of our company. These are forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Please note the discussion of forward-looking statements in our press release and consider it incorporated by reference to this call. Additionally, comments may also include non-GAAP financial measures. Those measures are reconciled to the comparable GAAP measures which are included in the press release and slides. Now let me turn the call over to Gerben. Great. Good morning, and thank you for joining us to discuss Hubble's third quarter 2025 results. Hubble delivered double-digit adjusted earnings growth in the third quarter, driven by strong high single-digit organic growth in electrical solutions and grid infrastructure, as well as a lower year-on-year tax rate. In utility solutions, T&D markets remain strong as utility customers invest to interconnect new sources of load and generation on the grid, while aging infrastructure continues to drive solid hardening and resiliency activity. Our grid infrastructure businesses achiev...