Recap: Powell Industries Q2 Earnings

Powell Industries POWL reported its Q2 earnings results on Tuesday, May 2, 2023 at 04:16 PM.

Here's what investors need to know about the announcement.

Earnings

Powell Industries beat estimated earnings by 233.33%, reporting an EPS of $0.7 versus an estimate of $0.21.

Revenue was up $43.59 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 12.39% increase in the share price the next day.

Here's a look at Powell Industries's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.02 0.18 0.24 -0.11
EPS Actual 0.10 0.73 0.76 -0.10
Revenue Estimate 116.69M 138.31M 128.55M 116.93M
Revenue Actual 126.86M 162.68M 135.48M 127.85M

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!