Advanced Drainage Systems Inc reports results for the quarter ended in September - Earnings Summary

Advanced Drainage Systems

03/11/2022 13:32

* Advanced Drainage Systems Inc  WMS.N  reported quarterly
adjusted earnings of $1.80​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of $1.90 per share.
    * Revenue rose 25.2% to $884.21 million from a year ago;
analysts
expected $927.04 million. 
    * Advanced Drainage Systems Inc's reported EPS for the
quarter was
$1.80​.
    * The mean earnings estimate of analysts had risen by
about 5.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Advanced Drainage Systems Inc shares had fallen by 8.8%
this
quarter and lost 16.7% so far this year.
    * The company reported quarterly net income of $152.01
million.
    * Wall Street's median 12-month price target for Advanced
Drainage
Systems Inc is $160.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.90           1.80           Missed
 Jun. 30 2022      1.40           2.22           Beat
 Mar. 31 2022      0.66           0.54           Missed
 Dec. 31 2021      0.91           0.86           Missed