JulPo/E+ via Getty Images When I first learned about the Fourth Industrial Revolution (sometimes referred to as "Industry 4.0") which was originally discussed in 2016 by Klaus Schwab of the World Economic Forum, it was after this review of it came out in 2020 on Seeking Alpha suggesting that the Fourth Industrial Revolution is just beginning that I became interested in the investing aspect of this latest trend. We believe we are living through the Fourth Industrial Revolution today, and that it is driving t ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy ...

Core Viewpoint - Powell Industries (POWL) has shown strong performance recently, with a notable return of +4.5% over the past month, contrasting with the S&P 500's decline of -6.7% and the Zacks Manufacturing - Electronics industry's loss of -8.8% [2] Earnings Estimate Revisions - For the current quarter, Powell Industries is projected to report earnings of $3.49 per share, reflecting a significant increase of +79% year-over-year, with the Zacks Consensus Estimate rising by +59.4% in the last 30 days [5] - The consensus earnings estimate for the current fiscal year stands at $12.01, indicating a year-over-year change of +191.5%, with a +32.9% increase in estimates over the past month [5] - For the next fiscal year, the consensus earnings estimate is $12.44, showing a +3.6% change from the previous year, with a +38.4% increase in estimates recently [6] Stock Rating - Powell Industries has received a Zacks Rank 1 (Strong Buy), indicating a strong potential for near-term price performance, driven by significant changes in earnings estimates [7] Revenue Growth - The consensus sales estimate for the current quarter is $276.7 million, representing a year-over-year increase of +32.6%. For the current and next fiscal years, the revenue estimates are $1.01 billion and $1.05 billion, indicating changes of +45% and +4%, respectively [9] Last Reported Results - In the last reported quarter, Powell Industries achieved revenues of $288.17 million, a year-over-year increase of +49.8%, with an EPS of $3.79 compared to $1.52 a year ago [10] - The company exceeded the Zacks Consensus Estimate for revenues by +32.57% and for EPS by +78.77%, consistently beating consensus estimates in the past four quarters [11] Valuation - Powell Industries is graded B on the Zacks Value Style Score, suggesting it is trading at a discount compared to its peers, which is an important factor in assessing its valuation [15]

Growth Stocks and Powell Industries - Investors seek growth stocks for above-average returns, but these stocks carry higher risk and volatility [1] - The Zacks Growth Style Score helps identify cutting-edge growth stocks like Powell Industries (POWL), which has a favorable Growth Score and top Zacks Rank [2] - Stocks with strong growth features and high Zacks Rank consistently outperform the market [3] Earnings Growth - Earnings growth is crucial for investors, with double-digit growth indicating strong prospects [4] - Powell Industries' historical EPS growth rate is 48 6%, but the projected growth for this year is 191 5%, significantly higher than the industry average of 14 8% [5] Cash Flow Growth - Cash flow growth is vital for growth-oriented companies, enabling business expansion without external funding [6] - Powell Industries' year-over-year cash flow growth is 153 4%, compared to the industry average of 10 8% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 55 8%, versus the industry average of 7 1% [7] Earnings Estimate Revisions - Positive earnings estimate revisions are a strong indicator of near-term stock price movements [8] - Powell Industries has seen a 32 9% surge in the Zacks Consensus Estimate for the current year over the past month [9] Conclusion - Powell Industries is a Zacks Rank 1 stock with a Growth Score of A, positioning it well for outperformance [10][11]

Powell Industries (POWL) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this energy equipment company, should get reflected in its stock price. After all, empirical research shows a strong corre ...

seraficus Introduction & Investment Thesis Powell Industries (NASDAQ:POWL) develops, designs, and manufactures custom-engineered equipment for end markets that include Oil & Gas, Petrochemicals, Electric Utility and Commercial. The stock has sizably outperformed the S&P 500 and Nasdaq 100 YTD. It reported its Q3 FY24 earnings, where revenue and diluted earnings per share grew 50% and 149% YoY, respectively, beating estimates by a huge margin. Although the company is seeing strong bookings across its end mar ...

Core Insights - Powell Industries reported strong third-quarter results, with shares increasing by 30.9% following the announcement [1] - The company exceeded revenue expectations, posting $288 million compared to the anticipated $222.2 million [2] - Diluted earnings per share (EPS) reached $3.79, significantly higher than the expected $2.16 [2] - Gross profit margin expanded to 28.4%, reflecting a year-over-year increase of 620 basis points [3] - Management expressed optimism about continued strong commercial activity for the remainder of the year [4] Financial Performance - Third-quarter revenue was $288 million, surpassing analysts' expectations of $222.2 million [2] - Diluted EPS was reported at $3.79, exceeding the forecast of $2.16 [2] - Gross profit margin improved to 28.4%, a notable increase of 620 basis points year-over-year [3] Management Outlook - CFO Michael Metcalf indicated strong commercial activity, suggesting positive momentum as the company approaches fiscal 2025 [4] - Management's optimism may contribute to investor excitement and stock performance [4]

This quarterly report represents an earnings surprise of 78.77%. A quarter ago, it was expected that this energy equipment company would post earnings of $1.89 per share when it actually produced earnings of $2.75, delivering a surprise of 45.50%. Powell Industries, which belongs to the Zacks Manufacturing - Electronics industry, posted revenues of $288.17 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 32.57%. This compares to year-ago revenues of $192.37 million. The co ...

For Immediate Release HOUSTON — July 30, 2024 — Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom- engineered solutions for the management, control and distribution of electrical energy, today announced results for the third quarter of fiscal 2024 ended June 30, 2024. All comparisons are to the third quarter of fiscal 2023, unless otherwise noted. • Revenues totaled $288 million, an increase of 50%; Robert Winters or Ryan Coleman Alpha IR Group POWL@alpha-ir.com 312-445-2870 Third Quarter ...

Revenues totaled $288 million, an increase of 50%; Gross profit of $82 million, or 28.4% of revenue; Net income of $46 million, or $3.79 per diluted share; New orders(1) totaled $356 million, spread broadly across our key end markets; Backlog(2) as of June 30, 2024 remained at $1.3 billion; Cash and short-term investments as of June 30, 2024 totaled $374 million. Revenues totaled $288.2 million, an increase of 50% compared to $192.4 million in the prior period, and an increase of 13% compared to $255.1 mill ...