Powell Industries Q3 2024 GAAP EPS $3.79 Beats $2.16 Estimate, Sales $288.168M Beat $222.181M Estimate
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Powell Industries (NASDAQ:POWL) reported Q3 2024 earnings per share (EPS) of $3.79, significantly beating the analyst estimate of $2.16. The company's sales for the quarter were $288.168 million, surpassing the expected $222.181 million. Both EPS and sales showed substantial year-over-year growth.
July 30, 2024 | 9:14 pm
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Powell Industries reported Q3 2024 EPS of $3.79, beating the $2.16 estimate by 75.46%. Sales of $288.168M also exceeded the $222.181M estimate. Both metrics showed significant year-over-year growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, is likely to positively impact Powell Industries' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100