Powell Industries (POWL) Q1 Earnings Beat Estimates

Core Insights - Powell Industries (POWL) reported quarterly earnings of $2.86 per share, exceeding the Zacks Consensus Estimate of$2.83 per share, and showing an increase from $1.98 per share a year ago, representing an earnings surprise of 1.06$241.43 million for the quarter ended December 2024, which was below the Zacks Consensus Estimate by 1.12%, but an increase from 194.02 million year-over-year [2] - Powell Industries has outperformed the S&P 500 with a 10.5% gain since the beginning of the year compared to the S&P 500's 3.1% gain [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 3.37, with expected revenues of $277.33 million, and for the current fiscal year, the EPS estimate is$13.70 on revenues of $1.11 billion [7] - The estimate revisions trend for Powell Industries is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Manufacturing - Electronics industry, to which Powell Industries belongs, is currently in the top 34$0.23 per share, with revenues projected at $260.18 million, reflecting a year-over-year increase of 17.1% [9]