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Powell Industries exec sold stock shares, company beat earnings but missed revenue targets.
Powell Industries executive vice president Michael William Metcalf sold a total of 6,654 shares of the company’s stock between June 16th and June 27th, reducing his ownership stake.
The company recently reported earnings of $3.81 per share, beating estimates by $0.47, though revenue of $278.63 million fell slightly short of forecasts.
Powell Industries specializes in custom-engineered electrical equipment and systems.
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El ejecutivo de Powell Industries vendió acciones, la compañía superó las ganancias, pero no alcanzó los objetivos de ingresos.