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HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal third quarter ended June 30, 2024 on Tuesday, July 30, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, July 31, 2024 at 11:00 a.m. eastern time.
Recently, Zacks.com users have been paying close attention to Powell Industries (POWL). This makes it worthwhile to examine what the stock has in store.
Powell Industries has seen solid growth in the first half of 2024, with strong project activity across Oil & Gas, Utility, and Commercial markets. Strong backlog levels and continued healthy quoting activity should drive revenue growth in the quarters ahead. High margin backlog and operational improvement should support the company's margin in 2024.
Powell Industries (POWL) closed the most recent trading day at $145.65, moving +0.48% from the previous trading session.
Powell Industries (POWL) is making strides in the electrical equipment market, which makes the stock worth a watch amid intense competition.
The latest trading day saw Powell Industries (POWL) settling at $143.40, representing a +0.92% change from its previous close.
In the most recent trading session, Powell Industries (POWL) closed at $153.95, indicating a -1.92% shift from the previous trading day.
Recently, Zacks.com users have been paying close attention to Powell Industries (POWL). This makes it worthwhile to examine what the stock has in store.
RCL, ATGE and POWL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 21, 2024.