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0 -0.000469106017960013 0.000683554483313255 0.00187642407184024 0.000201045436268604 0.00318321940758608 0.00157485591743743 -0.00482509047044631
Stock impact report

Powell (POWL) Gears Up to Post Q2 Earnings: Is a Beat Likely? [Yahoo! Finance]

Powell Industries, Inc. (POWL) 
US:NASDAQ Investor Relations: investor.shareholder.com/powell
Company Research Source: Yahoo! Finance
POWL is scheduled to release second-quarter fiscal 2024 (ended Mar 31, 2024) results on Apr 30, after market open. The company has an impressive earnings surprise history, the average beat being 77.6%. In the last reported quarter, its earnings of $1.98 per share surpassed the Zacks Consensus Estimate of $1.00 by 98%. Let's see how things have shaped up for Powell this earnings season. Key Factors and Estimates for Q2 Solid momentum across petrochemical, oil and gas, utility and commercial and other industrial sectors is expected to have aided the company's performance in the second quarter of fiscal 2024. Also, strength in the core oil and gas markets (excluding petrochemical) is likely to have driven Powell's results. Investment in POWL's Houston facility, which expanded fabrication and integration support for its large power control rooms, is expected to have bolstered top-line results. The Zacks Consensus Estimate for the company's second-quarter fiscal 2024 revenues i Show less Read more
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