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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Preformed Line Products Company
Preformed Line Products Company (PLPC) investor relations material
Preformed Line Products Company Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
Q3 net sales set a third-quarter record at $209.5M, up 18% YoY and 16% excluding currency translation; operating income rose to $24.9M from $13.1M.
Nine-month net sales reached a record $598.5M, up 21% reported and 17% excluding currency translation; attributable net income was $50.1M versus $26.8M.
Financial highlights
Q3 gross profit rose 32% to $70.0M; gross margin expanded 370 bps to 33.4%, and operating margin increased to 11.9% from 7.4%.
Q3 net income was $18.0M versus $2.6M; diluted EPS was $3.56 versus $0.53. Excluding the prior-year pension termination, adjusted diluted EPS rose 70%.
Nine-month gross profit increased 26% to $198.2M, gross margin was 33.1% versus 31.6%, and operating income rose 53% to $66.5M.
Nine-month diluted EPS was $10.18 versus $5.42; adjusted diluted EPS increased $3.20, or 46%, after the pension termination adjustment.
Outlook and guidance
Priorities include expanding manufacturing capacity, improving efficiency, developing new products, modernizing facilities and pursuing strategic acquisitions.
Global manufacturing and sourcing alternatives are being used to manage costs and tariff exposure; leadership cited domestic investment, a 20-country footprint and broad product offerings.
Operating cash flows, existing cash and credit availability are expected to fund debt repayments, contractual obligations, capital expenditures and dividends; liquidity is expected to remain sufficient for the foreseeable future.
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Latest events from Preformed Line Products Company
- Record sales and EPS growth in Q2 2026 driven by energy, communications, and acquisitions.PLPC
Q2 2026 - Net sales grew 19% year-over-year, with strong U.S. growth and improved gross margin.PLPCQ1 2026
- Proxy covers director elections, executive pay, auditor ratification, and ESG priorities.PLPCProxy filing
- Adjusted EPS up 16% and backlog up 22% on strong sales growth, despite tariff impacts.PLPCQ4 2025
- Proxy covers director elections, incentive plan, auditor ratification, and robust ESG and pay practices.PLPCProxy Filing
- Q3 sales up 21%, adjusted EPS up 36%, with strong cash flow despite tariff and pension impacts.PLPCQ3 2025
- Q2 2025 saw strong sales and earnings growth, margin gains, and higher capital investment.PLPCQ2 2025
- Q1 2025 net income rose 20% on higher sales and margin, but tariffs pose new cost risks.PLPCQ1 2025
- Q4 sales and EPS surged, but full-year results fell on U.S. weakness; debt cut by $33.7M.PLPCQ4 2024
Next Preformed Line Products Company earnings date
Q4 20268 Mar, 2027
Preformed Line Products Company
Next Preformed Line Products Company earnings date
Q4 20268 Mar, 2027
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Frequently asked questions
Preformed Line Products Company (PLPC) designs and manufactures products and systems for the construction and maintenance of overhead, underground, and wireless networks. The company offers a wide range of products, including cable anchoring and control hardware, connectors, splices, and protective devices for use in electrical and communication networks. Additionally, PLPC serves industries such as energy, telecommunications, cable, and data communications, supporting both utility and industrial markets. The company is headquartered in Mayfield Village, Ohio, and its shares are listed on the NASDAQ.