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Stock impact report

Powell Industries (POWL) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]

Powell Industries, Inc. (POWL) 
US:NASDAQ Investor Relations: investor.shareholder.com/powell
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily loss of 0.58%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 1.15%. Shares of the energy equipment company witnessed a loss of 14.02% over the previous month, trailing the performance of the Industrial Products sector with its gain of 0.09% and the S&P 500's loss of 1.09%. The investment community will be closely monitoring the performance of Powell Industries in its forthcoming earnings report. The company is scheduled to release its earnings on April 30, 2024. The company is forecasted to report an EPS of $1.89, showcasing a 170% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $205.73 million, indicating a 20% increase compared to the same quarter of the previous year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.54 per share and a revenue of $839.17 million, signifying shifts of +8 Show less Read more
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