Shares of Powell Industries (POWL +10%) gain after the firm steers FY12 guidance in-line with...

|About: Powell Industries, Inc. (POWL)|By:, SA News Editor

Shares of Powell Industries (POWL +10%) gain after the firm steers FY12 guidance in-line with the estimates of analysts on top of its $0.05 FQ4 earnings miss. Investors may be warming up to the firm's healthy backlog of $443M (+57% Y/Y) in orders.