NASDAQ$PLPC

Preformed Line Products Company · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported record quarterly net sales, net income, and diluted earnings per share.

Preformed Line Products reported a 7% increase in net sales to $127.5 million and net income of $13.0 million, or $2.59 per diluted share, for the third quarter of 2020.

  • Net sales increased by 7% compared to Q3 2019.
  • Net income increased to $13.0 million from $8.0 million in Q3 2019.
  • Diluted earnings per share rose to $2.59 from $1.55 in Q3 2019.
  • Currency translation rates unfavorably impacted net sales by $3.7 million.

Headline financials

Total Revenue

$127M

Previous: $119M+6.9%
EPS (adj)

$2.59

Previous: $1.55+67.1%
Capital Expenditures

-$24.2M

Previous: -$22M-10.3%
Free Cash Flow

-$11.3M

Previous: -$14M+19.5%
Net Income

$13M

Previous: $7.95M+62.9%
Operating Income

$16.9M

Previous: $11.6M+45.1%
Gross Profit

$44.9M

Previous: $39.3M+14.2%
Cash & Equivalents

$41.2M

Previous: $41.2M+0.2%
Total Assets

$452M

Previous: $425M+6.4%
Stock-Based Comp

$1.46M

Previous: $1.39M+5.0%

Revenue & EPS history

Preformed Line Products · Revenue · Quarterly

$127M

Q3 2020+6.9%vs Q3 2019

Forward guidance

The extent to which COVID-19 will impact future operations is unknown. The company will continue to focus on the safety and well-being of employees, their families, customers and suppliers while continuing to provide high quality products and services.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-0.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+5.3%

Avg return

30 days after

42%

27 / 65 earnings

Positive

+21.1%

Q4 2022

Best reaction

-21.3%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%+6.3%+9.4%
Q4 2025-2.4%+3.7%+18.5%
Q3 2025-6.9%-10.2%-12.6%
Q1 2025+1.4%+2.2%+11.2%
Q4 2024-1.5%+23.4%+13.4%
Q3 2024-3.3%-1.9%+6.9%
Q2 2024-5.0%-10.2%-10.4%
Q1 2024+4.1%+3.6%+11.0%
Q4 2023-3.9%-3.8%-5.3%
Q3 2023-18.5%-14.2%-5.1%
Q2 2023-8.8%-8.2%-5.6%
Q1 2023+15.9%+10.1%+17.6%
Q4 2022+21.1%+32.5%+43.6%
Q3 2022+4.1%+3.9%+16.5%
Q2 2022+16.1%+12.9%+26.3%
Q1 2022-5.1%-2.6%-1.5%
Q4 2021+5.2%+10.7%+15.2%
Q3 2021+2.5%-0.3%-3.8%
Q2 2021-0.5%+0.9%+2.4%
Q1 2021-0.9%+2.8%+11.5%
Q4 2020-13.4%-7.6%-9.7%
Q3 2020+10.7%+8.6%+22.0%
Q2 2020+15.8%+11.4%+3.7%
Q1 2020+0.2%-10.2%-0.1%
Q4 2019-3.9%-7.5%-9.1%
Q3 2019+17.7%+18.0%+31.7%
Q2 2019-6.6%-12.3%-10.7%
Q1 2019-6.3%-7.0%-13.6%
Q4 2018-1.6%-1.0%+0.8%
Q3 2018-6.2%-14.7%-19.3%
Q2 2018-6.9%-6.4%-6.2%
Q1 2018-0.2%-0.5%+12.8%
Q4 2017+6.9%+3.0%-4.1%
Q3 2017-0.3%-2.2%+14.1%
Q2 2017+8.0%+11.4%+6.5%
Q1 2017-9.0%-11.3%-7.2%
Q4 2016-0.3%+3.2%+13.8%
Q3 2016+3.0%+6.9%+32.6%
Q2 2016-7.1%-12.2%-11.7%
Q1 2016-0.4%
Q4 2015+12.6%
Q3 2015-9.0%
Q2 2015+1.6%
Q1 2015-2.7%
Q4 2014-0.2%
Q3 2014-5.8%
Q2 2014+3.9%
Q1 2014+0.3%
Q4 2013+1.3%
Q3 2013-21.3%
Q2 2013-0.7%
Q1 2013-7.2%
Q4 2012-1.7%
Q3 2012+0.8%
Q2 2012-2.5%
Q1 2011+2.9%
Q1 2012-0.2%
Q4 2009+4.8%
Q4 2011+4.8%
Q3 2011-3.3%
Q3 2010-3.3%
Q4 2010+2.5%
Q2 2010+2.5%
Q2 2011+2.5%
Q1 2010-0.6%

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