PLPC stock reports record Q2 revenue as EPS rises 75 percent
Published on 10/04/2026 at 20:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPLPC stock was last at USD 419.45 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up 3.05 percent on the session. The latest operating update showed record second-quarter revenue of USD 212.681 million and diluted EPS of USD 4.49 for the quarter ended June 30, 2026.
Record quarter resets the baseline
According to Yahoo Finance on September 18, 2026, second-quarter sales increased 25 percent from the prior year and 21 percent from the first quarter. Net income reached USD 21.5 million, while gross margin improved to 34.3 percent, up 160 basis points year over year.
The earnings comparison was equally strong. PLPC reported diluted EPS of USD 4.49 against a USD 2.41 consensus estimate, a USD 2.08 beat, while revenue of USD 212.681 million exceeded the USD 193 million consensus, according to MarketBeat on September 26, 2026.
Energy demand drives expansion
Energy sales rose 25 percent year over year to USD 148.9 million in Q2 2026, with transmission demand supporting the increase. PLP-USA sales reached USD 104.3 million, up 32 percent year over year, while EMEA communications sales advanced 24 percent, according to Yahoo Finance.
The company is also adding capacity. The Delta Star acquisition completed in May 2026 generated USD 1.2 million in Q2 sales, while a Canadian facility purchased on July 21, 2026 supports expanded manufacturing capacity. Cash and cash equivalents stood at USD 76.2 million on June 30, 2026, and operating cash flow reached USD 31.3 million in the first half of 2026.
Consensus target trails the market
MarketBeat lists a consensus rating of Buy from two analysts and an average price target of USD 275. That target is below the October 2 market price of USD 419.45, making valuation the clearest counterpoint to the record operating figures.
PLPC also declared a quarterly dividend of USD 0.21 per share on September 14, 2026. According to PR Newswire on September 17, 2026, the payment is scheduled for October 20, 2026.
PLPC stock stays below its yearly high
At USD 419.45 on October 2, 2026, PLPC stock remained 16.88 percent below its 52-week high of USD 504.69 and above its 52-week low of USD 184.02. The company had a market capitalization of USD 2.1 billion and trading volume of 72,463 shares.
Preformed Line Products stock at a glance
- Company: Preformed Line Products Company
- ISIN: US7404441047
- Ticker: PLPC
- Trading venue: Nasdaq
- Price as of October 2, 2026, 4:00 p.m. ET: USD 419.45
- Market capitalization: USD 2.1 billion (as of October 2, 2026)
- 52-week range: USD 184.02-504.69 (as of October 2, 2026)
- Sector / Industry: Industrials / Electrical components and equipment
Upcoming dates for Preformed Line Products stock
- October 20, 2026: Quarterly dividend payment
