Overview

• Network infrastructure maker's Q1 revenue rose 19% yr/yr, driven by energy and communications demand

• Diluted EPS for Q1 was $2.14, up from Q4 but down from Q1 2025

• Net income impacted by higher personnel costs and French tax charge

Outlook

• Company says ongoing tariff and geopolitical uncertainties present challenges for future performance

• Company remains focused on supply chain optimization and efficiency investments to manage margin pressures

Result Drivers

• U.S. SALES GROWTH - Company said 26% U.S. sales growth was driven by robust demand in energy and communications markets

• GROSS MARGIN IMPROVEMENT - Gross profit margin rose 150 basis points from Q4 2025, attributed to supply chain optimization, pricing strategies, and investment in efficiency and innovation

• HIGHER PERSONNEL COSTS - Increased personnel costs to support market growth in energy and communications impacted period expenses

Company press release: ID:nPn8HcrSwa

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The one available analyst rating on the shares is "buy"

• The average consensus recommendation for the electrical components & equipment peer group is "buy"

• Wall Street's median 12-month price target for Preformed Line Products Co is $275.00, about 22.9% below its April 28 closing price of $356.50

• The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 20 three months ago

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