Powell Industries (NASDAQ: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.
