The chart below shows how POWL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, POWL sees a -2.83% change in stock price 10 days leading up to the earnings, and a +30.81% change 10 days following the report. On the earnings day itself, the stock moves by -2.09%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Record Revenue Growth: Powerll delivered a strong Q4 performance that saw revenue grow 32% compared to the prior year, helping the company achieve a total of $1 billion in revenue for the full fiscal year and marking a significant growth milestone and record year for the company.
Key Market Growth: We experienced tremendous growth in each of our key markets throughout fiscal 2024 with our top-line growing by 45% compared to fiscal 2023.
Sector Revenue Growth: Our oil and gas and petrochemical sectors grew 53% and 97% respectively, while revenues within the commercial and other industrial and electric utility sectors increased 44% and 18% respectively.
New Orders Surge: We booked $267 million of new orders in the quarter led by continuing strong activity within our utility sector and an notable booking supporting the capacity expansion of an LNG facility based along the U.S. Gulf Coast.
New Orders Achievement: We recorded more than $1 billion in new orders for the second consecutive fiscal year.
Negative
Powell Industries, Inc. (POWL) Q4 2024 Earnings Call Transcript
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