Powell Industries is trading 8.08% down at $171.52 after broad market weakness intensified early September 14, 2026.
- No new adverse company announcement was identified.
- Investors remain focused on concerns that record backlog growth has not translated into revenue quickly enough, following three consecutive quarterly earnings and revenue misses.
- Fiscal third-quarter revenue was $311.74 million versus $316.88 million expected; EPS was $1.42 versus $1.47 expected.