Atkore Inc expected to post earnings of $3.99 a share - Earnings Preview

Atkore

02/08/2024 18:11

* Atkore Inc  ATKR.N   ATKR.K  is expected to show a fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Harvey Illinois-based  company is expected to report a
9.7% decrease in revenue to $830.14 million from $919.12 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Atkore Inc is for
earnings of
$3.99 per share. 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Atkore Inc
is
$179.00​, above​ its last closing price of $129.04. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  3.79        3.82       4.08      Beat    6.9
 Dec. 31 2024  3.61        3.61       4.12      Beat    14
 Sep. 30 2023  4.08        4.08       4.21      Beat    3.2​
 Jun. 30 2023  4.28        4.27       5.72      Beat    33.9
 ​​Mar.        4.26        4.26       4.87      Beat    14.2
 31 2023                                                
 Dec. 31 2022  3.99        3.98       4.61      Beat    15.7​
 Sep. 30 2022  5.08        5.08       5.52      Beat    8.6
 Jun. 30 2022  5.22        5.22       6.07      Beat    16.2
 This summary was machine generated August 2 at 17:11 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)