PLPC

Investors were disappointed with the weak earnings posted by Preformed Line Products Company (NASDAQ:PLPC ). While the headline numbers were soft, we believe that investors might be missing some encouraging factors. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Importantly, our data indicates that Preformed Line Products' profit was reduced by US$12m, due to unusual items, over the last year. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual expenses don't come up again, we'd therefore expect Preformed Line Products to produce a higher profit next year, all else being equal. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Because unusual items detracted from Preformed Line Products' earnings over the last year, you could argue that we can expect an improved result in the current quarter. Based on this observation, we consider it likely that Preformed Line Products' statutory profit actually understates its earnings potential! On the other hand, its EPS actually shrunk in the last twelve months. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. In terms of investment risks, we've identified 1 warning sign with Preformed Line Products, and understanding it should be part of your investment process. Today we've zoomed in on a single data point to better understand the nature of Preformed Line Products' profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. H...

Shares of Preformed Line Products Company PLPC have declined 6.4% since reporting results for the first quarter of 2026, underperforming the S&P 500 index’s 1.9% return. However, over the past month, the stock has risen 14.3%, outperforming the broader market’s 10.5% advance, indicating a mixed near-term reaction despite stronger recent momentum. The company reported net sales of $176.3 million for the first quarter of 2026, marking a 19% increase from $148.5 million in the year-ago period. Net income, however, declined 9% to $10.5 million from $11.5 million in the prior-year quarter. Earnings per diluted share followed a similar trend, falling nearly 8% to $2.14 from $2.33 a year earlier. While revenue growth remained robust, profitability was pressured by higher expenses and tax-related impacts, offsetting gains from increased sales volume. Preformed Line Products Company price-consensus-eps-surprise-chart | Preformed Line Products Company Quote Preformed Line Productsdelivered broad-based growth across its segments, with all reporting year-over-year sales increases. The PLP-USA business stood out, with a 26% year-over-year rise in sales, driven by strong demand in energy and communications markets. According to the company, energy segment sales saw a 22% year-over-year increase, with PLP-USA energy market sales rising 41% due to transmission-related demand. Communications revenues also showed strength, supported by fiber closure product sales, while special industries remained relatively smaller but stable contributors. Gross profit increased to $55.2 million from $48.7 million a year earlier, though the gross margin declined to 31.3% from 32.8%. This reflects a 150-basis-point year-over-year contraction. Operating income improved modestly to $13.7 million from $13.1 million, indicating that higher sales volumes partially offset margin pressure. From a liquidity perspective, Preformed Line Productsmaintained a solid balance sheet. Cash and cash equivalents stood at $69.5 million as of March 31, 2026, compared with $83.4 million at the end of 2025, while total assets increased slightly to $661.8 million. The company highlights strong liquidity, including 88% availability under its global credit facility and manageable debt maturities. The free cash flow was negative $3.9 million in the quarter against positive figures in the prior periods due to working ca...

CLEVELAND, April 29, 2026 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its first quarter of 2026. Q1 2026 highlights: Quarterly net sales of $176.3 million, an increase of 19% from Q1 2025. USA sales growth of 26% from Q1 2025, driven by robust demand in energy and communications markets. Gross profit margin of 31.3%, up 150 basis points from Q4 2025. Diluted EPS of $2.14 per share, up 24% from Q4 2025. Net sales in the first quarter of 2026 were $176.3 million compared to $148.5 million in the first quarter of 2025, a 19% increase. All segments recorded sales growth compared to the first quarter of 2025, with the PLP-USA business growing by 26%, primarily due to higher demand for energy and communications products. Foreign currency translation had a favorable impact of $7.2 million on the first quarter of 2026 net sales. Net income for the quarter ended March 31, 2026, was $10.5 million, or $2.14 per diluted share, compared to $11.5 million, or $2.33 per diluted share, for the comparable period in 2025. While gross profit was up approximately $6.5 million from Q1 2025, period expenses were impacted by increased personnel costs supporting strategic market growth in core product offerings in both energy and communications, primarily for sales, sales support and engineering resources. Net income for the first quarter of 2026 was affected by an income tax charge of $1.3 million related to PLP's French subsidiary. Foreign currency translation had a favorable impact of $0.1 million on the first quarter of 2026 net income. Compared against Q4 2025, which contained many of the same tariff headwinds that impacted Q1 2025, gross profit margins, net income, and diluted EPS all increased. "As we reflect on the first quarter of 2026, I am proud of the Company's continued resilience in a challenging and dynamic global environment," said Rob Ruhlman, Executive Chairman. "Our team achieved exceptional sales growth this quarter, propelled by outstanding results from our U.S. manufacturing operations and our ability to meet rising demand. We faced margin pressure from higher manufacturing and ongoing tariff-related costs, as well as volatility in commodity prices. However, our impressive 150 basis point increase in gross profit percentage from Q4 2025 shows that we are actively managing these challenges through supply ch...

MAYFIELD VILLAGE, Ohio (AP) — MAYFIELD VILLAGE, Ohio (AP) — Preformed Line Products Co. (PLPC) on Wednesday reported net income of $10.5 million in its first quarter. On a per-share basis, the Mayfield Village, Ohio-based company said it had profit of $2.14. The wire and hardware provider for energy, telecommunication, cable and data industries posted revenue of $176.3 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLPC at https://www.zacks.com/ap/PLPC

CLEVELAND, March 18, 2026 /PRNewswire/ -- The Board of Directors of Preformed Line Products (Nasdaq: PLPC) on March 13, 2026, declared a regular quarterly dividend in the amount of $0.21 per share on the Company's common shares, payable April 20, 2026, to shareholders of record at the close of business on April 1, 2026. ABOUT PLP PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world. View original content to download multimedia:https://www.prnewswire.com/news-releases/preformed-line-products-announces-quarterly-dividend-302717904.html

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Preformed Line Products (PLPC) shares are reacting to fresh earnings after the company reported fourth quarter and full year 2025 results, with higher sales but lower net income compared with the prior periods. See our latest analysis for Preformed Line Products. At a share price of $267.23, the stock has a 1-day share price return of 0.80% and a 7-day share price return of 4.55%, while the 1-year total shareholder return of 118.28% and 5-year total shareholder return of 271.33% reflect longer term momentum that recent results may now be testing. If earnings news has you thinking about other opportunities in power and grid infrastructure, it could be a good time to scan our 24 power grid technology and infrastructure stocks as potential ideas for further research. With revenue up but earnings softer and the share price near its analyst target, investors now have a key question: is Preformed Line Products still undervalued here, or is the market already pricing in future growth? On the numbers provided, Preformed Line Products is trading at a P/E of 37.1x, which screens as expensive relative to both peers and the wider US Electrical industry. The P/E multiple compares the current share price with earnings per share. A higher figure usually means investors are paying more today for each dollar of current earnings. For a company like PLPC, which serves utilities and communications customers with hardware and network equipment, a richer P/E can reflect market expectations that earnings will grow over time rather than stay flat. Here, the current 37.1x P/E is above the peer average of 33.9x and also above the US Electrical industry average of 32.7x, which represents a clear premium. It is also well above the estimated fair P/E of 23x that our models suggest the market could move toward if sentiment cools or earnings do not track current expectations. Explore the SWS fair ratio for Preformed Line Products Result: Price-to-Earnings of 37.1x (OVERVALUED) However, softer net income, a relatively rich P/E, and the share price sitting close to its US$275 target could limit upside if sentiment cools. Find out about the key risks to this Preformed Line Products narrative. Our DCF model presents a very...

Shares of Preformed Line Products Company PLPC have gained 2.5% since reporting results for the fourth quarter of 2025. This compares with the S&P 500 index’s 1.1% decline over the same time frame. Over the past month, the stock has lost 2.4% compared with the S&P 500’s 0.6% fall. Preformed Line Products reported fourth-quarter 2025 net sales of $173.1 million, up 4% from $167.1 million in the year-ago quarter. Despite revenue growth, profitability weakened during the period. Net income declined roughly 19% to $8.4 million from $10.5 million in the fourth quarter of 2024. Diluted earnings per share (EPS) also fell to $1.72 from $2.13 in the prior-year period. For the year, the company posted net sales of $669.3 million, an increase of 13% from $593.7 million in 2024. However, full-year net income declined to $35.3 million from $37.1 million a year earlier, while diluted EPS decreased to $7.14 from $7.50. Adjusted results were stronger, with adjusted diluted EPS rising 16% year over year to $8.70 after excluding pension termination charges. Preformed Line Products Company price-consensus-eps-surprise-chart | Preformed Line Products Company Quote Demand across the company’s core markets remained solid in 2025. Backlog rose 22% year over year to $232.8 million, indicating continued order strength from energy and communications customers. Sales growth during the fourth quarter was driven by domestic and international operations. The company’s PLP-USA segment recorded strong demand in energy and communications end markets, while international growth was supported by higher sales in the Asia-Pacific region and incremental communications revenues from the acquisition of JAP Telecom. Foreign currency translation also added $4.4 million to fourth-quarter net sales. Segment data highlights broad-based growth across regions during 2025. PLP-USA revenues increased 17% year over year to $312.6 million, while the Americas segment posted 20% growth to $108.8 million. EMEA revenues rose 4% to $133.1 million and the Asia-Pacific increased 6% to $114.8 million. Energy remained the dominant end market, accounting for about 71% of the total sales in 2025, followed by communications at 22% and special industries at 7%. Although revenues increased, profitability declined due to several cost-related pressures. Tariffs on internationally sourced materials, particularly steel and al...

CLEVELAND, March 4, 2026 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter of 2025 and full year ended December 31, 2025. Q4/Full Year 2025 highlights: Quarterly net sales of $173.1 million, an increase of 4% from Q4 2024 Annual net sales growth of 13% from 2024, totaling $669.3 million Full year diluted EPS of $7.14; adjusted full year diluted EPS of $8.70, a 16% increase from 2024 Backlog increased 22% to $232.8 million, reflecting robust demand in core markets Quarterly dividend increased 5% to $0.21 per share Net sales in the fourth quarter of 2025 were $173.1 million compared to $167.1 million in the fourth quarter of 2024, a 4% increase. PLP-USA continued its strong 2025 performance with both energy and communications end-market sales contributing to the increase. The international segments were bolstered by sales increases in Asia-Pacific as well as incremental communications market sales from the recently acquired JAP Telecom. Foreign currency translation increased fourth quarter 2025 net sales by $4.4 million. Net income for the quarter ended December 31, 2025, was $8.4 million, or $1.72 per diluted share, compared to $10.5 million, or $2.13 per diluted share, for the comparable period in 2024. The fourth quarter of 2025 net income was impacted by the continuing tariffs affecting goods sourced internationally by PLP-USA and the tariff-related acceleration of Last-In-First-Out ("LIFO") inventory valuation costs. These costs were partially offset by margin contribution from higher sales levels and selling price increases, higher net interest income and a lower effective tax rate. Net sales increased 13% to $669.3 million for the full year 2025 compared to $593.7 million in 2024. All segments realized a year-over-year increase in net sales due to higher volumes of energy and communications end-market sales. Foreign currency translation rates increased net sales by $1.4 million for the year ended December 31, 2025. Net income for the year ended December 31, 2025, was $35.3 million, or $7.14 per diluted share, compared to $37.1 million, or $7.50 per diluted share, for the comparable period in 2024. Excluding the impact from the pension termination completed in the third quarter of 2025, adjusted net income for the twelve-month period ending December 31, 2025 was $43.0 million, or $8.70...

MAYFIELD VILLAGE, Ohio (AP) — MAYFIELD VILLAGE, Ohio (AP) — Preformed Line Products Co. (PLPC) on Wednesday reported earnings of $8.4 million in its fourth quarter. On a per-share basis, the Mayfield Village, Ohio-based company said it had profit of $1.72. The wire and hardware provider for energy, telecommunication, cable and data industries posted revenue of $173.1 million in the period. For the year, the company reported profit of $35.3 million, or $7.14 per share. Revenue was reported as $669.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLPC at https://www.zacks.com/ap/PLPC

Preformed Line Products (PLPC) reported Q4 net income late Wednesday of $1.72 per diluted share, dow

CLEVELAND, Dec. 11, 2025 /PRNewswire/ -- The Board of Directors of Preformed Line Products (NASDAQ: PLPC) announced that its Board of Directors has approved a 5% increase in the company's quarterly cash dividend. The dividend will rise from $0.20 per share to $0.21 per share, payable on January 20, 2026 to shareholders of record as of January 5, 2026. This is the first dividend increase since 2001 when Preformed Line Products listed its shares on the NASDAQ stock exchange and reflects the company's strong liquidity position and commitment to returning capital to shareholders. The decision underscores management's confidence in the company's ability to generate consistent cash flows while maintaining flexibility to invest in strategic growth initiatives. "Our ability to increase the quarterly dividend highlights the strength of our balance sheet, resilience of our business model and future growth outlook," said Rob Ruhlman, Executive Chairman. "We remain focused on disciplined capital allocation, balancing reinvestment in our operations with meaningful returns to shareholders. We will evaluate further dividend increases based on operating results and business outlook." The company has a long-standing track record of returning capital to shareholders through dividends and select share repurchases. Today's announcement reinforces management's confidence in the company's outlook and its commitment to delivering sustainable value creation. FORWARD-LOOKING STATEMENTS This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding the Company, including those statements regarding the Company's and management's beliefs and expectations concerning the Company's future performance or anticipated financial results, among others. Except for historical information, the matters discussed in this release are forward-looking statements that involve risks and uncertainties which may cause results to differ materially from those set forth in those statements. Among other things, factors that could cause actual results to differ materially from those expressed in such forward-looking statements include the uncertainty in global business conditions and the economy due to factors such as inflation, rising interest rates, tariffs, labor disruptions, military co...

Shares of Preformed Line Products Company PLPC have lost 9.7% since reporting results for the third quarter of 2025. This compares to the S&P 500 index’s 0.6% decline over the same period. However, over the past month, PLPC shares have advanced 7.4%, outperforming the S&P 500’s 1.9% growth, suggesting that recent investor sentiment has improved despite short-term weakness following the quarterly results. The company’s third-quarter 2025 results reflected a mix of solid top-line growth and bottom-line headwinds from one-time and tariff-related costs. Net sales rose 21% to $178.1 million from $147 million in the same quarter of 2024, driven by growth across all product markets and geographic segments. However, net income plummeted 66% to $2.6 million, or 53 cents per diluted share, from $7.7 million, or $1.54 per share. This decline primarily reflected an $11.7-million non-cash pre-tax charge associated with the termination of the company’s U.S. pension plan. Excluding that charge, adjusted diluted EPS was $2.09, up 36% from the prior year’s $1.54, underscoring the strength of the company’s operating fundamentals. Gross profit increased 15% to $52.8 million, but the gross margin slipped 140 basis points to 29.7% mainly due to tariffs and associated LIFO valuation effects. Preformed Line Products Company price-consensus-eps-surprise-chart | Preformed Line Products Company Quote Preformed Line Products delivered broad-based revenue growth across all segments. The energy segment rose 21% year over year, the Americas posted 57% growth and the EMEA region moved up 25%. The Asia-Pacific region expanded 38%, aided by higher data cabinet sales, while the communications segment grew 16%, supported by stronger fiber closure demand and the JAP Telecom acquisition completed earlier in 2025. The U.S. and international businesses contributed meaningfully to these gains, with PLP-USA up 23% and Americas up 48%. The recently acquired JAP Telecom added $2.3 million in sales in the quarter. Despite tariff headwinds, the company maintained a robust liquidity position, ending the quarter with $72.9 million in cash and 87% availability under its global credit facility. The Free cash flow totaled $8.5 million for the quarter, up from $5.9 million a year earlier, reflecting working capital improvements. The company reported a trailing 12-month free cash flow conversion of 94%, indic...