Earnings Outlook For Powell Industries
Portfolio Pulse from Benzinga Insights
Powell Industries (NASDAQ:POWL) is expected to release its quarterly earnings report on Tuesday, 2023-12-05, with an estimated EPS of $1.20. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Powell Industries has exceeded EPS estimates, resulting in significant share price increases the following day. Over the last year, POWL shares have risen 175.26%, with the stock trading at $84.64 as of December 01.
December 04, 2023 | 4:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Powell Industries is anticipated to report quarterly earnings with an EPS estimate of $1.20. Past earnings beats have positively impacted the stock price, with increases ranging from 12.39% to 39.57% the day after earnings announcements.
Given Powell Industries' history of surpassing EPS estimates and the subsequent positive stock price reactions, there is a high likelihood of a short-term positive impact on POWL's stock price if they beat the EPS estimate again and provide favorable future guidance. However, the market's reaction can be unpredictable, and external factors could influence the stock's movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100