Powell Industries

Powell Industries, Inc. engages in the development, design, manufacture and provision of services of custom-engineered products and systems. Its products include integrated power control room substation, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switch gear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers and bus duct systems. The company was founded by William E. Powell in 1947 and is headquartered in Houston, TX.

Earnings data Q2 2024

Powell Industries achieves record Q2 results and strengthens financial position

Powell Industries reported outstanding Q2 2023 results, with record revenue, a significant net income turnaround, and a record backlog exceeding $1 billion. The company's strong financial position and increased credit facility provide a solid foundation for future growth, while opportunities lie in its positive momentum for revenues and earnings.

Powell Industries reports robust Q2 performance and plans for growth

Powell Industries delivered impressive financial results in Q2 2023, driven by strong revenue growth, improved margins, and a substantial increase in net income. The company faces challenges related to labor availability but is well-positioned to capitalize on opportunities in its core end markets and invest in future growth.

Powell Industries Reports Strong Q3 Earnings and Foresees Continued Growth

Powell Industries delivered impressive financial results, with strong revenue growth, improved gross margin, and a significant increase in earnings per share. The company faces the challenge of sustaining order growth and managing increased R&D spend, but it is well-positioned to capitalize on opportunities in expanding its business and driving further growth.

Powell Industries reports robust Q1 2024 results amidst project-specific challenges

Powell Industries delivered robust financial results in Q1 2024, demonstrating strong revenue growth and improved profitability. While facing challenges related to project-specific fluctuations and regulatory impacts, the company remains confident in sustaining solid financial performance throughout fiscal 2024.

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Powell Industries, Inc. engages in the development, design, manufacture, and provision of services of custom-engineered products and systems. Its products include integrated power control room substation, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switch gear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers and bus duct systems. The company was founded by William E. Powell in 1947 and is headquartered in Houston, TX.

In the closing of the recent trading day, Powell Industries (POWL) stood at $123.44, denoting a -1.56% change from the preceding trading day.

Powell Industries (POWL) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Powell Industries (POWL) Right Now?

HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal second quarter ended March 31, 2024 on Tuesday, April 30, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, May 1, 2024 at 11:00 a.m.

Powell Industries Announces Date and Conference Call for Fiscal 2024 Second Quarter Results

Powell Industries (POWL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Powell Industries, Inc. (POWL) Is a Trending Stock: Facts to Know Before Betting on It

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Is Powell Industries (POWL) Outperforming Other Industrial Products Stocks This Year?

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