Powell Industries Inc reports results for the quarter ended in June - Earnings Summary

Powell Industries

01/08/2023 23:18

* Powell Industries Inc  POWL.OQ  reported quarterly
adjusted
earnings of $1.52​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was
for earnings of 66 cents per share.
    * Revenue rose 42% to $192.37 million from a year ago;
analysts
expected $170.71 million. 
    * Powell Industries Inc's reported EPS for the quarter was
$1.52​.
    * The mean earnings estimate of analysts had risen by
about 103.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Powell Industries Inc shares had risen by 0.3% this
quarter and
gained 72.8% so far this year.
    * The company reported quarterly net income of $18.45
million.
    * Wall Street's median 12-month price target for Powell
Industries
Inc is $47.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:18 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.66           1.52           Beat
 Mar. 31 2023      0.21           0.70           Beat
 Dec. 31 2022      0.03           0.10           Beat
 Sep. 30 2022      0.19           0.73           Beat