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

Powell Industries

02/05/2023 23:16

* Powell Industries Inc  POWL.OQ  reported quarterly
adjusted
earnings of 70 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue rose 34.1% to $171.44 million from a year ago;
analysts
expected $147.03 million. 
    * The mean earnings estimate of analysts had risen by
about 5% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Powell Industries Inc shares had fallen by 5.5% this
quarter and
gained 14.4% so far this year.
    * Wall Street's median 12-month price target for Powell
Industries
Inc is $36.00 
    * 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 May
2 at 10:16 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.21           0.70           Beat
 Dec. 31 2022      0.03           0.10           Beat
 Sep. 30 2022      0.19           0.73           Beat
 Jun. 30 2022      0.11           0.76           Beat