Preformed Line Products Q2 EPS $4.49 Beats $2.41 Estimate, Sales $212.681M Beat $193.000M Estimate
Preformed Line Products (NASDAQ:PLPC) reported quarterly earnings of $4.49 per share which beat the analyst consensus estimate of $2.41 by 86.31 percent. This is a 75.39 percent increase over earnings of $2.56 per share
Preformed Line Products made way more money than experts predicted this quarter—almost twice as much profit per share as expected, and sales were also stronger than people guessed. When a company beats predictions by this much, it often means the business is running really well and people might feel more confident about it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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