Atkore gains on raising annual outlook, Q3 profit beat

Atkore

08/08/2023 18:18

**  Shares of electrical products maker Atkore  ATKR.N  up
4.2% at $154.47
    ** Co raises 2023 adj EPS outlook to $18.90-$19.30 from
$17.45-$18.35 expected previously
    ** Co posts Q3 adj EPS of $5.72, ahead of analysts est. of
$4.27 
    **  Four out of 5 analysts rate the stock "buy" and one
"hold"; median PT is $170
    ** ATKR shares up 36.19% YTD
    

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))