Earnings Summary

Preformed Line Products Co’s revenue jumped 11.22% since last year same period to $181.81Mn in the Q2 2023. On a quarterly growth basis, Preformed Line Products Co has generated -0.01% fall in its revenue since last 3-months.

Preformed Line Products Co’s net profit jumped 49.3% since last year same period to $20.47Mn in the Q2 2023. On a quarterly growth basis, Preformed Line Products Co has generated -4.33% fall in its net profits since last 3-months.

Preformed Line Products Co’s net profit margin jumped 34.24% since last year same period to 11.26% in the Q2 2023. On a quarterly growth basis, Preformed Line Products Co has generated -4.32% fall in its net profit margins since last 3-months.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Preformed Line Products Co’s return on assets (ROA) stands at 0.12.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Preformed Line Products Co’s return on equity (ROE) stands at 0.19.

Preformed Line Products Co declared 0.2 dividend per share during the earnings announcement for Q1 2023.