Brief: Powell Industries Reports Q2 EPS Of $0.64

Powell Industries

05/05/2020 22:49

May 5 (Reuters) - Powell Industries Inc  POWL.O :
    * POWELL INDUSTRIES ANNOUNCES FISCAL 2020 SECOND QUARTER
RESULTS
    * Q2 EARNINGS PER SHARE $0.64
    * Q2 REVENUE $151.6 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$137.4 MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.38 -- REFINITIV IBES
DATA
    * NEW ORDERS PLACED DURING Q2 OF FISCAL 2020 TOTALED $301
MILLION
COMPARED TO $137 MILLION IN Q1 OF FISCAL 2020
    * COMPANY'S BACKLOG AS OF MARCH 31, 2020 WAS $566 MILLION,
AN
INCREASE OF 33% SEQUENTIALLY

Source text for Eikon:  ID:nPnbtRpLQa 
Further company coverage:  POWL.O 

 (Reuters.Briefs@thomsonreuters.com)