Why Preformed Line Products Stock Popped Today
Business booms for Preformed Line Products amid the AI revolution.
Overview
Wire products manufacturer Preformed Line Products (NASDAQ: PLPC) stock surged 28% through 10:50 a.m. ET Thursday after crushing analyst forecasts for Q2 sales and earnings.
Wall Street had expected PLP to earn $2.58 per share on $193 million in quarterly sales. The company actually earned $4.49 per share on $212.7 million in sales.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.