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Powell Industries (POWL) Tops Q4 EPS by 22c, provides outlook

November 19, 2024 4:16 PM

Powell Industries (NASDAQ: POWL) reported Q4 EPS of $3.77, $0.22 better than the analyst estimate of $3.55. Revenue for the quarter came in at $275 million versus the consensus estimate of $286.49 million.

OUTLOOK

Commenting on the Company's outlook, Michael Metcalf, Powell’s Chief Financial Officer, said, “As we look ahead to fiscal 2025, we expect continued strength across most of our end markets spanning across all of the geographies that we compete in. We are pleased with our fiscal 2024 results and remain focused on carrying forward the strong operational execution and commercial momentum that we have experienced this year, into fiscal 2025. Notwithstanding our seasonally slower fiscal first quarter, considering the healthy backdrop, robust backlog, strong liquidity, and a solid balance sheet, we anticipate that fiscal 2025 will be another successful year for Powell.”

For earnings history and earnings-related data on Powell Industries (POWL) click here.

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Earnings