Powell Industries: Fiscal Q3 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Powell Industries Inc. (POWL) on Monday reported fiscal third-quarter profit of $52.2 million.

The Houston-based company said it had net income of $1.42 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.

The energy equipment company posted revenue of $311.7 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $318.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POWL at https://www.zacks.com/ap/POWL