Powell Industries will announce its fiscal second-quarter earnings after the market closes on Monday. The company reported revenues of $296.6 million last quarter, up 6.5% year on year, but missed analysts' revenue expectations and significantly missed EPS estimates. For the upcoming quarter, analysts expect revenue to grow 10.7% year on year, an improvement from flat revenue in the same quarter last year. Powell has missed Wall Street's revenue estimates multiple times over the last two years, and its shares are down 15.3% over the past month, heading into earnings with an average analyst price target of $316.25 compared to the current share price of $209.72.
Powell Industries IncEarnings report upcoming; past misses and share decline create uncertainty, but no actual results yet.