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Powell Industries (POWL) Q3 Earnings Top Estimates
ZACKS· 2025-08-05 22:36
Core Viewpoint - Powell Industries reported quarterly earnings of $3.96 per share, exceeding the Zacks Consensus Estimate of $3.73 per share, and showing an earnings surprise of +6.17% [1] - The company posted revenues of $286.27 million for the quarter, missing the Zacks Consensus Estimate by 3% [2] Financial Performance - Earnings per share (EPS) for the same quarter last year was $3.79, indicating a year-over-year increase [1] - Over the last four quarters, Powell Industries has surpassed consensus EPS estimates four times [2] - The company has topped consensus revenue estimates only once in the last four quarters [2] Stock Performance - Powell Industries shares have increased by approximately 3.8% since the beginning of the year, compared to the S&P 500's gain of 7.6% [3] - The current Zacks Rank for Powell Industries is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $3.77, with expected revenues of $296.61 million [7] - For the current fiscal year, the consensus EPS estimate is $14.17 on revenues of $1.11 billion [7] - The outlook for the Manufacturing - Electronics industry is strong, currently ranking in the top 25% of over 250 Zacks industries [8]
Powell(POWL) - 2025 Q3 - Quarterly Results
2025-08-05 20:21
Exhibit 99.1 PRESS RELEASE For Immediate Release Contact: Michael Metcalf, CFO Powell Industries, Inc. 713-947-4422 Robert Winters or Ryan Coleman Alpha IR Group POWL@alpha-ir.com 312-445-2870 POWELL INDUSTRIES ANNOUNCES THIRD QUARTER FISCAL 2025 RESULTS HOUSTON — August 5, 2025 — 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 2025 ended June ...
Powell Industries Announces Third Quarter Fiscal 2025 Results
Globenewswire· 2025-08-05 20:15
Core Insights - Powell Industries, Inc. reported strong financial results for the third quarter of fiscal 2025, with a gross margin improvement and significant new orders, indicating robust operational performance and market demand [3][4][10]. Financial Performance - Revenues for the third quarter totaled $286.3 million, a slight decrease of 1% from $288.2 million in the prior year, but an increase of 3% from $278.6 million in the previous quarter [4][9]. - Gross profit was $87.9 million, representing 30.7% of revenue, which is an 8% increase compared to $81.7 million (28.4% of revenue) in the prior year [5][9]. - Net income reached $48.2 million, or $3.96 per diluted share, marking a 4% increase from $46.2 million ($3.79 per diluted share) in the prior year [7][9]. Order Activity and Backlog - New orders amounted to $362 million, up from $356 million in the prior year and significantly higher than $249 million in the second quarter [6][9]. - The backlog as of June 30, 2025, was $1.4 billion, reflecting a 7% increase from the previous quarter and a 5% increase from the same period last year [6][9]. Strategic Initiatives - The company announced the acquisition of Remsdaq Ltd., enhancing its Electric Automation platform and supporting its strategic growth initiatives [8][9]. - Powell Industries is focused on diversifying and expanding its product portfolio, which is expected to drive continued demand across key markets [8][10]. Market Performance - The Electric Utility market saw a 31% revenue increase, while the Commercial & Other Industrial markets grew by 18%. However, revenues from the Oil & Gas and Petrochemical markets declined by 8% and 36%, respectively [4][9]. - The Light Rail Traction Power market experienced a significant revenue increase of 61% [4]. Cash Position - As of June 30, 2025, the company had cash and short-term investments totaling $433 million, up from $358 million in the prior year [9][18]. Outlook - The company remains optimistic about its operational and financial performance, with strong demand expected to continue into fiscal 2026 [10].
Powell Industries Announces Date and Conference Call for Fiscal 2025 Third Quarter Results
Globenewswire· 2025-07-23 20:15
Company Overview - Powell Industries, Inc. is a leading supplier of custom engineered solutions for the management, control, and distribution of electrical energy [3] - The company designs, manufactures, and services custom-engineered equipment and systems for various markets including utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations, and commuter railways [3] Upcoming Earnings Release - Powell Industries will release its fiscal third quarter results for the period ended June 30, 2025, on August 5, 2025, after market close [1] - A conference call to discuss the earnings will take place on August 6, 2025, at 11:00 a.m. eastern time [1][4] Conference Call Details - The conference call will be accessible via phone and live webcast, with a telephonic replay available until August 13, 2025 [2][4] - Participants can join the call by dialing specific numbers for domestic and international access [4]
Powell Industries (POWL) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-07-18 22:46
Company Performance - Powell Industries (POWL) closed at $228.25, down 3.49% from the previous trading session, underperforming the S&P 500 which had a daily loss of 0.01% [1] - The stock has increased by 32.18% over the past month, outperforming the Industrial Products sector's gain of 8.33% and the S&P 500's gain of 5.37% [1] Upcoming Earnings - The company is expected to report an EPS of $3.73, reflecting a decrease of 1.58% from the same quarter last year [2] - Revenue is projected to be $295.12 million, indicating a 2.41% increase compared to the same quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $14.17 per share, representing a 15.3% increase from the previous year, while revenue is expected to reach $1.11 billion, indicating a 9.82% increase [3] - Recent changes to analyst estimates suggest a positive outlook for the company's business and profitability [3] Valuation Metrics - Powell Industries has a Forward P/E ratio of 16.69, which is lower than the industry average Forward P/E of 24.05 [6] - The company has a PEG ratio of 1.19, compared to the Manufacturing - Electronics industry's average PEG ratio of 2 [7] Industry Context - The Manufacturing - Electronics industry is part of the Industrial Products sector and holds a Zacks Industry Rank of 36, placing it in the top 15% of over 250 industries [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a strong industry performance [8]
Powell to Boost Automation Portfolio With the Remsdaq Buyout
ZACKS· 2025-07-17 15:41
Core Insights - Powell Industries, Inc. (POWL) has agreed to acquire Remsdaq Ltd. for £12.2 million (approximately $16.3 million), with an upfront payment of £9.2 million and contingent payments based on performance [1][3] Group 1: Acquisition Details - Remsdaq, based in the UK, specializes in advanced technology products for electrical energy management, including SCADA Remote Terminal Units (RTUs), serving various industries such as utilities and military [2] - The acquisition aligns with Powell's strategy to enhance its business and market share, integrating Remsdaq's SCADA RTUs with its existing hardware to improve automation solutions [3][8] - The deal is expected to close in the fourth quarter of fiscal 2025, subject to customary closing conditions [4] Group 2: Market Position and Performance - The acquisition will bolster Powell's position in the utility market and address the increasing demand for digital automation solutions [4][8] - Powell's growth is supported by a strong presence in the oil and gas and petrochemical markets, with a robust project pipeline in the LNG sector and a solid backlog [5] - Over the past year, Powell's stock has increased by 67%, outperforming the industry average growth of 11.7% [6]
Powell Industries Announces Agreement to Acquire Remsdaq Ltd.
Globenewswire· 2025-07-15 20:15
Core Viewpoint - Powell Industries, Inc. has announced the acquisition of Remsdaq Ltd. for £12.2 million (approximately $16.3 million), aimed at enhancing its automation solutions and expanding its capabilities in the electrical energy sector [1][4]. Group 1: Acquisition Details - The total consideration for the acquisition is £12.2 million, which includes an upfront payment of £9.2 million, with the remainder contingent on Remsdaq meeting specific milestones [4]. - The transaction is expected to close in the fourth quarter of fiscal 2025, subject to customary closing conditions, after which Remsdaq will become a wholly owned subsidiary of Powell (U.K.) Ltd. [4]. Group 2: Strategic Importance - The acquisition is part of Powell's strategic initiative to expand its automation platform capabilities, combining its hardware and detection sensors with Remsdaq's SCADA RTUs to meet the growing demand for sophisticated utility solutions [2][3]. - The integration is anticipated to enhance operational efficiency, system reliability, and security for utility customers, addressing a growing and underserved demand within the electrical industry [2][3]. Group 3: Company Profiles - Powell Industries, Inc. specializes in custom-engineered solutions for the management, control, and distribution of electrical energy, serving large industrial customers including utilities and oil and gas producers [5]. - Remsdaq Ltd. focuses on advanced technology solutions, particularly in SCADA RTUs for the electricity industry, and has a strong presence across various sectors including utilities and military [6].
Powell Industries (POWL) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-07-09 22:46
Group 1: Stock Performance - Powell Industries (POWL) closed at $211.91, reflecting a -2.08% change from the previous day, underperforming the S&P 500 which gained 0.61% [1] - Over the past month, shares of Powell Industries have increased by 16.5%, surpassing the Industrial Products sector's gain of 5.35% and the S&P 500's gain of 3.85% [1] Group 2: Earnings Forecast - Powell Industries is expected to report an EPS of $3.73, indicating a 1.58% decrease from the same quarter last year, while revenue is forecasted to be $295.12 million, a 2.41% increase year-over-year [2] - For the full year, analysts project earnings of $14.17 per share and revenue of $1.11 billion, representing increases of +15.3% and +9.82% respectively from the previous year [3] Group 3: Analyst Estimates and Valuation - Recent adjustments to analyst estimates for Powell Industries reflect changing short-term business trends, with positive revisions indicating optimism about the business outlook [4] - The Zacks Rank system, which assesses estimate changes, currently rates Powell Industries at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [6] - Powell Industries is trading at a Forward P/E ratio of 15.27, which is lower than the industry average of 23.08, suggesting it is trading at a discount [7] Group 4: Industry Metrics - The PEG ratio for Powell Industries is currently 1.09, compared to the Manufacturing - Electronics industry's average PEG ratio of 1.91, indicating a favorable valuation relative to expected earnings growth [8] - The Manufacturing - Electronics industry, part of the Industrial Products sector, holds a Zacks Industry Rank of 54, placing it in the top 22% of over 250 industries [8][9]
Powell Industries (POWL) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-06-30 22:46
In the latest close session, Powell Industries (POWL) was down 1.16% at $210.45. The stock fell short of the S&P 500, which registered a gain of 0.52% for the day. Elsewhere, the Dow gained 0.63%, while the tech-heavy Nasdaq added 0.48%. The stock of energy equipment company has risen by 25.55% in the past month, leading the Industrial Products sector's gain of 4.08% and the S&P 500's gain of 4.27%.The investment community will be closely monitoring the performance of Powell Industries in its forthcoming ea ...
Powell Industries (POWL) Soars 6.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-06-30 14:31
Core Viewpoint - Powell Industries (POWL) shares experienced a significant increase of 6.8% to $212.92, driven by strong project activity in the electric utility and industrial markets, alongside favorable trends in energy transition projects [1][2]. Company Performance - The company is expected to report quarterly earnings of $3.73 per share, reflecting a year-over-year decline of 1.6%, while revenues are projected to reach $295.12 million, an increase of 2.4% from the previous year [3]. - The consensus EPS estimate for Powell Industries has remained unchanged over the last 30 days, indicating stability in earnings expectations [4]. Market Trends - The rally in Powell's stock is attributed to robust activity in electric utility and industrial markets, as well as growth in energy transition projects such as biofuels, carbon capture, and hydrogen [2]. - The stock's price movement is typically influenced by trends in earnings estimate revisions, suggesting that ongoing monitoring of POWL is essential to assess future strength [4]. Industry Context - Powell Industries is categorized within the Zacks Manufacturing - Electronics industry, which includes other companies like AZZ, that also showed a positive stock performance [4]. - AZZ's consensus EPS estimate has remained stable at $1.58, indicating an 8.2% increase from the previous year, and it also holds a Zacks Rank of 3 (Hold) [5].