Powell Industries (POWL) Posts Quarterly Results
Powell Industries (NASDAQ:POWL) announced its earnings results on Tuesday. The company reported $0.68 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.68, Stock Ratings Network reports. The company had revenue of $171.90 million for the quarter, compared to the consensus estimate of $172.44 million. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 17.0% on a year-over-year basis. Powell Industries updated its FY14 guidance to $2.85-3.35 EPS.
Shares of Powell Industries (NASDAQ:POWL) traded up 1.25% during mid-day trading on Tuesday, hitting $59.91. The stock had a trading volume of 44,969 shares. Powell Industries has a 52 week low of $44.94 and a 52 week high of $69.33. The stock has a 50-day moving average of $64.23 and a 200-day moving average of $60.62. The company has a market cap of $717.1 million and a P/E ratio of 16.86.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, March 19th. Stockholders of record on Wednesday, February 19th will be given a dividend of 0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Friday, February 14th.
Powell Industries, Inc (NASDAQ:POWL) develops, designs, manufactures and services custom engineered-to-order equipment and systems for the management and control of electrical energy and other critical processes.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.