Powell Industries (POWL) Beats Q4 Earnings Estimates

Powell Industries (POWL) came out with quarterly earnings of $3.77 per share, beating the Zacks Consensus Estimate of $3.49 per share. This compares to earnings of $1.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.02%. A quarter ago, it was expected that this energy equipment company would post earnings of $2.12 per share when it actually produced earnings of $3.79, delivering a surprise of 78.77%.Over the last four quar ...