Brief: Powell Industries Q3 Revenue USD 286 Million

Powell Industries

05/08/2025 21:15

Overview

Powell fiscal Q3 revenue misses analyst expectations, per LSEG data

Net income for fiscal Q3 rises 4% yr/yr

Co announces acquisition of Remsdaq Ltd., strengthening Electric Automation platform

Outlook

Powell Industries confident in strategic positioning for fiscal 2026

Company expects strong financial performance through Q4 fiscal 2025

Powell sees sustained demand drivers across key markets

Company plans for fiscal 2026 with broadening business strategies

Result Drivers

MARKET SHIFTS - Revenue decline driven by lower Oil & Gas and Petrochemical markets, offset by growth in Electric Utility and Commercial & other industrial markets

PROJECT EXECUTION - Gross profit increase attributed to favorable volume leverage and strong project execution

STRONG ORDERS - Notable new orders include largest utility order in Powell's history, contributing to backlog growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$286 mln
$301.70 mln (3 Analysts)
Q3 Net Income
$48 mln
Q3 Gross Margin
30.7%
Q3 Gross Profit
$88 mln
Q3 Orders
$362 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Powell Industries Inc is $227.00, about 1.4% below its August 4 closing price of $230.17

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNX8N6zFr

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)