Benzinga | Aug 4, 2020 05:05PM EDT

Powell Industries Q3 EPS $0.30 Misses $0.32 Estimate, Sales $118.06M Miss $128.81M Estimate

Powell Industries (NASDAQ:POWL) reported quarterly earnings of $0.30 per share which missed the analyst consensus estimate of $0.32 by 6.25 percent. This is a 23.08 percent decrease over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $118.06 million which missed the analyst consensus estimate of $128.81 million by 8.34 percent. This is a 12.93 percent decrease over sales of $135.59 million the same period last year.