1 EXHIBIT 11 HUBBELL INCORPORATED COMPUTATION OF EARNINGS PER SHARE (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) Three Months Ended March 31, --------- 1995 1994 ---- ---- Net Income $28,409 $24,328 ======= ======= Weighted average number of common shares outstanding during the year 32,973 32,850 Common equivalent shares 308 449 ------- ------- Average number of shares outstanding 33,281 33,299 ======= ======= Earnings per Share $ 0.85 $ 0.73 ======= ======= 11