Preformed Line Products Co reports results for the quarter ended September 30 - Earnings Summary

• Preformed Line Products Co reported quarterly adjusted earnings of $3.56​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of $3.37 per share.

• Revenue was $209.50 million​; analysts expected $215.00 million.

• Preformed Line Products Co's reported EPS for the quarter was $3.56​.

• The company reported quarterly net income of $18.04 million.

• Preformed Line Products Co shares had fallen by 14.2% this quarter and gained 69.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 18.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"

• Wall Street's median 12-month price target for Preformed Line Products Co is $480.00, about 27.2% above its last closing price of $349.42

This summary was machine generated from LSEG data October 28 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)