COPE BRETT ALAN sold $360 of POWL

Powell Industries (NASDAQ:POWL) reported Q3 results on an earnings call. CFO Mike Metcalf said the company booked a 3.0x third-quarter book-to-bill and 2.2x year-to-date, with $1.3B of a $2.4B backlog expected to convert in 12 months. Gross margin was 30.6%. Powell said it has $1.8B in new awards over three quarters, is expanding capacity, and holds $634M cash with no debt.

Powell Industries reported Q3 2026 record orders of $934 million, citing data center demand and strength in U.S. LNG and electric utilities. Revenue rose 9%, with gross margin at 30.6%. Backlog visibility extends into FY2028, with about $1.3 billion expected to convert in 12 months. The company plans capacity expansion and evaluates $70–$100 million greenfield investment.

Powell Industries reported Q3 EPS of $1.42, below the $1.47 analyst consensus, and sales of $312.0 million, below the $315.168 million estimate, according to the company. Shares fell 13.4% to $190.02 in pre-market trading. The article also notes Nasdaq 100 futures were up about 150 points.

Powell Industries (POWL) fell about 13.5% in pre-open trading after reporting fiscal Q3 2026 results. Diluted EPS was $1.42 versus about $1.47 expected, and revenue was $311.7 million versus $316–$318 million forecasts. Despite a record $934 million in new orders and $2.4 billion backlog, investors focused on the earnings and revenue misses.

Powell Industries (POWL) shares fell about 14% in pre-open after fiscal Q3 2026 results missed expectations. EPS was $1.42 vs $1.47 consensus, and revenue was $311.7M vs $315.2M. Orders hit a record $934M, backlog $2.4B. The stock also had a prior Q2 miss; a $0.09 dividend was declared.

Powell (NYSE: POWL) reported Q2 CY2026 revenue of $311.7 million, up 8.9% year on year but below analysts’ estimates. GAAP EPS was $1.42, down 3.4% versus consensus. The stock fell 14.2% to $187.94 after the release. Analysts expect revenue growth of 12.8% over the next 12 months.