Powell Industries - Attractive investments in oil and gas exploration create strong prospects!
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Business Driver: Powell Industries specializes in custom electrical energy systems and equipment for industrial applications. The portfolio includes, among other things, medium and low-voltage switchgear, motor control centers, E-houses, as well as monitoring and control solutions, with clients including companies from the oil and gas sector. On February 3, the company surprised with an unexpectedly significant EPS increase from $2.86 to $3.40, while analyst expectations had been at $2.92. They also surpassed consensus expectations for revenue,...
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