Powell Industries' Q4 Earnings Surpass Estimates, Increase Y/Y

Powell Industries, Inc.’s (POWL) fourth-quarter fiscal 2024 (ended September 2024) adjusted earnings of $3.77 per share surpassed the Zacks Consensus Estimate of $3.49. The bottom line increased 74% year over year. Results benefited primarily from higher revenues generated in the quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Powell’s total revenues of $275.1 million missed the consensus estimate of $277 million. The top line increased 32% year over year. The year-over-yea ...