Powell Industries (POWL) Q3 Earnings and Revenues Beat Estimates

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 ...