-+ 0.00%
-+ 0.00%
-+ 0.00%
Powell Industries: Fiscal Q3 Earnings Snapshot
Share
Listen to the news

HOUSTON (AP) — HOUSTON (AP) — Powell Industries Inc. (POWL) on Monday reported fiscal third-quarter profit of $52.2 million.

The Houston-based company said it had net income of $1.42 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.

The energy equipment company posted revenue of $311.7 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $318.3 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POWL at https://www.zacks.com/ap/POWL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending