Overview

* Preformed Line Products ( PLPC ) Q3 net sales rise 21% yr/yr, driven by energy and communication markets

* Adjusted EPS for Q3 rises 36% yr/yr, excluding pension termination charge

* Company completes U.S. Pension Plan termination, incurring $11.7 mln non-cash charge

Outlook

* Company expects selling price increases to eventually offset tariff-related cost impacts

* Company sees uncertainty in customer demand due to tariffs

Result Drivers

* ENERGY AND COMMUNICATION SALES - Strong performance in energy and communication markets drove Q3 sales increase

* INTERNATIONAL SEGMENTS - International sales boosted by higher energy product sales and JAP Telecom acquisition

* TARIFF IMPACT - Tariffs and LIFO costs affected net income, offset by higher sales margins and lower interest expense

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $178.08

Revenue mln

Q3 EPS $0.53

Q3 Net $2.61

Income mln

Q3 Gross $52.84

Profit mln

Q3 $13.13

Operatin mln

g income

Q3 $2.35

Pretax mln

Profit

Analyst Coverage

* The one available analyst rating on the shares is "buy"

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

* Wall Street's median 12-month price target for Preformed Line Products Co ( PLPC ) is $200.00, about 14.4% below its October 28 closing price of $228.79

Press Release:

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(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.)