Powell Industries (POWL) Tops Q1 Earnings Estimates

Powell Industries (POWL) came out with quarterly earnings of $3.4 per share, beating the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $2.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +19.30%. A quarter ago, it was expected that this energy equipment company would post earnings of $3.76 per share when it actually produced earnings of $4.22, delivering a surprise of +12.23%.Over the last four qu ...