Advanced Drainage Systems Inc expected to post earnings of $2.08 a share - Earnings Preview

Advanced Drainage Systems

06/08/2024 19:35

* Advanced Drainage Systems Inc  WMS.N   WMS  is expected
to show
a rise in quarterly revenue when it reports  results on August 8
for the period ending January 1 0001
    * The Hilliard Ohio-based  company is expected to report a
6.7% increase in revenue to $830.297 million from $778.05
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Advanced Drainage
Systems Inc
is for earnings of $2.08 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Advanced
Drainage
Systems Inc is $192.00​, above​ its last closing price
of $156.73. ​​​

This summary was machine generated August 6 at 18:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)