Powell Industries falls after Q4 revenue misses estimates
20/11/2024 10:39
** Shares of electrical infrastructure firm Powell
Industries POWL.O fall 15.4% to $264.20 premarket
** Co on Tuesday reported Q4 revenue of $275.06 mln, up
31.8% from a year ago, missing estimates of $286.49 mln - data
compiled by LSEG
** Co posted Q4 net income of $46.05 mln and Q4 EPS of $3.77
** As of last close, stock has more than tripled YTD
(Reporting by Sukriti Gupta in Bengaluru)
((Sukriti.Gupta@thomsonreuters.com;))