Preformed Line Products Company (PLPC) Releases Q1 2026 Earnings: Revenue Up but EPS Down Despite Beat

By: Quiver EarningsTracker

Posted: 2 days, 21 hours ago / April 29, 2026 9:07 p.m. UTC

PLPC

Preformed Line Products Company (PLPC) delivered first-quarter 2026 results with top-line growth but pressure on net income and earnings per share.

Revenue: $176.3 million (+18.7% year-over-year)

Gross profit: $55.2 million (+13.5% year-over-year)

Operating profit: $13.7 million (+4.5% year-over-year)

Net income attributable to common shareholders: $10.5 million (-8.6% year-over-year)

Diluted earnings per share: 2.14 (-8.2% year-over-year)

The company beat the consensus on EPS — reported diluted EPS of 2.14 versus an estimate of 1.86 — but missed the revenue consensus. Against an estimated revenue of $181.6 million, reported revenue was $176.3 million, a shortfall of $5.3 million.

Cash from operating activities: $21.9 million (+288.1% year-over-year)

Purchases of property, plant and equipment (capex): $10.2 million (-7.5% year-over-year)

Cash and cash equivalents: $69.5 million (+26.7% year-over-year)

Total liabilities: $158.3 million (+1.1% year-over-year)

Cost of sales: $121.1 million (+21.2% year-over-year)

Operating cash flow strengthened materially, supporting capital investment while cash on hand increased. Higher cost of sales growth relative to revenue contributed to a smaller proportional gross profit gain, and net income and EPS declined year-over-year despite the EPS beat versus expectations.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Preformed Line Products Company Hedge Fund Activity

We have seen 72 institutional investors add shares of Preformed Line Products Company stock to their portfolio, and 60 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WASATCH ADVISORS LP added 112,889 shares (+inf%) to their portfolio in Q1 2026, for an estimated $30,564,696
HIGHTOWER ADVISORS, LLC added 100,113 shares (+11.6%) to their portfolio in Q4 2025, for an estimated $20,694,358
FMR LLC added 57,751 shares (+220.9%) to their portfolio in Q4 2025, for an estimated $11,937,709
NEUBERGER BERMAN GROUP LLC added 44,957 shares (+inf%) to their portfolio in Q4 2025, for an estimated $9,293,061
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC removed 42,392 shares (-53.2%) from their portfolio in Q4 2025, for an estimated $8,762,850
RENAISSANCE TECHNOLOGIES LLC removed 33,472 shares (-43.9%) from their portfolio in Q4 2025, for an estimated $6,918,997
DIMENSIONAL FUND ADVISORS LP removed 28,147 shares (-8.4%) from their portfolio in Q4 2025, for an estimated $5,818,266

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.