Powell Industries POWL reported its Q1 earnings results on Tuesday, January 30, 2024 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Powell Industries beat estimated earnings by 135.71%, reporting an EPS of $1.98 versus an estimate of $0.84.
Revenue was up $67.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.75 which was followed by a 6.0% drop in the share price the next day.
Here’s a look at Powell Industries’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.20 | 0.66 | 0.21 | 0.02 |
| EPS Actual | 1.95 | 1.52 | 0.70 | 0.10 |
| Revenue Estimate | 196.79M | 170.71M | 147.03M | 116.69M |
| Revenue Actual | 208.64M | 192.37M | 171.44M | 126.86M |
To track all earnings releases for Powell Industries visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.