Preformed Line Products Q4 revenue rises

Reuters03-05 05:34
<a href="https://laohu8.com/S/PLPC">Preformed Line Products</a> Q4 revenue rises

Overview

  • Utility infrastructure firm's Q4 revenue grew 4% yr/yr

  • Net income for Q4 decreased due to tariffs and LIFO costs

  • Full-year adjusted EPS rose 16% yr/yr

Outlook

  • Company expects strong cash generation to support investments in growth initiatives

  • New facilities in Poland and Spain expected to contribute in late 2026

Result Drivers

  • ENERGY AND COMMUNICATIONS - Sales growth driven by energy and communications end-markets, with contributions from PLP-USA and international segments

  • ACQUISITION IMPACT - Incremental sales from JAP Telecom acquisition boosted international segment performance

Company press release: ID:nPn1HNkk5a

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Miss

$173.1 mln

$181 mln (1 Analyst)

Q4 EPS

$1.72

Q4 Net Income

$8.4 mln

Q4 Gross Profit

$51.62 mln

Q4 Operating income

$11.75 mln

Q4 Pretax Profit

$12.29 mln

Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the electrical components & equipment peer group is "buy."

  • Wall Street's median 12-month price target for Preformed Line Products Co is $221.00, about 12% below its March 3 closing price of $251.19

  • The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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