Powell Industries Announces Fiscal 2019 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/24/2026
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Oil drops more than $2 despite new US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Wattmore and Eos Energy strike non-exclusive storage software deal
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- RUM Group signs $13.7 billion GPU services deal, issues warrants
- Funds sell $44bn in semiconductors on AI concerns
- XPeng Inc. (XPEV) Misses Q2 EPS by 100c ; Provides Outlook
Powell Industries (POWL) Tops Q2 EPS by 33c, Revenues Beat
May 7, 2019 4:48 PM EDTPowell Industries (NASDAQ: POWL) reported Q2 EPS of $0.08, $0.33 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $123.7 million versus the consensus estimate of $102.18 million.
Brett A. Cope, Powell's President and Chief Executive Officer, stated, "Our second quarter results reflect a combination of solid operational execution and improved utilization of our people and facilities. New orders were strong in the quarter driven largely by our core domestic oil, gas and petrochemical customers. We also experienced... More
