Overview

* Powell fiscal Q3 revenue misses analyst expectations, per LSEG data

* Net income for fiscal Q3 rises 4% yr/yr

* Co announces acquisition of Remsdaq Ltd., strengthening Electric Automation platform

Outlook

* Powell Industries ( POWL ) confident in strategic positioning for fiscal 2026

* Company expects strong financial performance through Q4 fiscal 2025

* Powell sees sustained demand drivers across key markets

* Company plans for fiscal 2026 with broadening business strategies

Result Drivers

* MARKET SHIFTS - Revenue decline driven by lower Oil & Gas and Petrochemical markets, offset by growth in Electric Utility and Commercial & other industrial markets

* PROJECT EXECUTION - Gross profit increase attributed to favorable volume leverage and strong project execution

* STRONG ORDERS - Notable new orders include largest utility order in Powell's history, contributing to backlog growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $286 mln $301.70

Revenue mln (3

Analysts

)

Q3 Net $48 mln

Income

Q3 Gross 30.7%

Margin

Q3 Gross $88 mln

Profit

Q3 $362 mln

Orders

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the electrical components & equipment peer group is "buy"

* Wall Street's median 12-month price target for Powell Industries Inc ( POWL ) is $227.00, about 1.4% below its August 4 closing price of $230.17

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)