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WMS — Advanced Drainage Systems News Story

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Advanced Drainage Systems Inc reports results for the quarter ended December 31 - Earnings Summary

* Advanced Drainage Systems Inc  WMS.N  reported quarterly
adjusted earnings of $1.09​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of $1.34.  The mean expectation of
eight analysts for the quarter was for earnings of $1.20 per
share. Wall Street expected results to range from $1.10 
to $1.35 per share.
    * Revenue rose 4.3% to $690.54 million from a year ago;
analysts
expected $674.58 million. 
    * Advanced Drainage Systems Inc's reported EPS for the
quarter was
$1.04​.
    * The company reported quarterly net income of $81.23
million.
    * Advanced Drainage Systems Inc shares had risen by 0.4%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Advanced Drainage
Systems Inc is $160.00 
This summary was machine generated from LSEG data February 6 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.20           1.09           Missed
 Sep. 30 2024      1.90           1.70           Missed
 Jun. 30 2024      2.08           2.06           Missed
 Mar. 31 2024      1.01           1.21           Beat

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