Preformed Line Products Company (PLPC)

Preformed Line Products beat expectations on both the top and bottom line, with the second fiscal quarter of 2026 (reported July 29, 2026) delivering EPS of $4.49 that topped the $2.41 estimate (+86.3%) as revenue of $212.7 million topped the $193.0 million estimate (+10.2%). Revenue rose ~25% to about $212.7 million from roughly $169.6 million a year ago, reflecting demand across its connection, protection, and support hardware used in electric and communications networks. Profitability moved higher as well, with gross margin at roughly 34% and operating margin near 13%, helping net income climb ~69% to about $21.5 million from roughly $12.7 million a year earlier, while EPS was up ~75% from $2.56. On cash generation and returns, the company produced about $25.2 million of operating cash flow and paid roughly $1.0 million in dividends during the quarter. By geography, revenue was spread across several regions, with EMEA up ~31% to about $41.7 million and the Americas up ~19% to roughly $34.0 million year over year. Consensus for the next period calls for EPS of $3.37 on revenue of $215.0 million.