Powell Industries (NASDAQ:POWL) reported its Q2 earnings results on Tuesday, May 2, 2023 at 04:16 PM.

Here's what investors need to know about the announcement.

Earnings

Powell Industries beat estimated earnings by 233.33%, reporting an EPS of $0.7 versus an estimate of $0.21.

Revenue was up $43.59 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 12.39% increase in the share price the next day.

Here's a look at Powell Industries's past performance:

To track all earnings releases for Powell Industries visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.