Powell Industries Aktie
WKN: 865628 / ISIN: US7391281067
31.07.2024 19:26:12
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Why Shares of Powell Industries Are Skyrocketing Today
After closing lower on Monday and Tuesday this week, shares of electrical solutions provider Powell Industries (NASDAQ: POWL) are roaring higher today after the company reported strong third-quarter results yesterday after markets closed.As of 11:30 a.m. ET on Wesnesday, shares of Powell Industries are up 30.9%.Smashing analysts' expectations that it would report $222.2 million on the top line, Powell posted revenue of $288 million for the third quarter. Another pleasant surprise was found at the bottom of the income statement: diluted earnings per share (EPS) of $3.79, far outpacing analysts' estimates of $2.16.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Powell Industries Inc. | 149,50 | -1,77% |
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