7. Forgent Power Solutions Inc. (NYSE:FPS)
An Earnings Preview Helps Power a 16% Rebound
Forgent Power Solutions, Inc. (NYSE: FPS) jumped 16.02% on Monday to close at $22.60, rebounding as investors positioned ahead of its fiscal first-quarter earnings release. The company had already supplied a reason to pay attention: management said revenue and adjusted EBITDA would exceed the upper end of its previous guidance.
The electrical distribution equipment manufacturer is scheduled to report before the market opens on Thursday, November 12. Its earlier quarterly forecast called for revenue of $445 million to $465 million and adjusted EBITDA of $90 million to $100 million. The subsequent update indicated results would surpass both ranges, although investors still need the full report to assess margins, cash flow, and the composition of that performance.
The broader fiscal 2027 outlook adds scale to the growth story. Forgent Power Solutions, Inc. (NYSE: FPS) previously projected annual revenue of $2.4 billion to $2.6 billion, adjusted EBITDA of $575 million to $625 million, and adjusted earnings per share of $1.26 to $1.40. These adjusted measures supplement the company’s reported accounting results and should be assessed alongside them.
Its products serve data centers, the power grid, and energy-intensive industrial facilities. That places the business within the infrastructure spending cycle supporting expanding computing capacity and electricity demand. The commercial logic is straightforward: ambitious data-center plans still require equipment capable of delivering the power.
CFO Succession Adds Another Issue for the Earnings Call
The upcoming report also follows a finance leadership change. Ryan Fiedler stepped down as CFO to spend more time with his family while continuing in an external consulting role. The board appointed Amy Ard, previously executive vice president of finance, as his successor.
Ard has been part of the leadership team since the company’s founding and helped establish financial and governance processes for its initial public offering. Her responsibilities have included financial planning, reporting, treasury, and operational finance. That experience provides continuity as investors evaluate the company’s production ramp and financial execution.
Ranking rationale: The 16.02% advance places the company at No. 7. Management’s expectation of results above prior guidance provides a concrete earnings catalyst, while the full release will show whether operating performance supports the renewed enthusiasm.
