Atkore Inc expected to post earnings of $4.26 a share - Earnings Preview

Atkore

05/05/2023 18:04

* Atkore Inc  ATKR.N   ATKR.K  is expected to show a fall in
quarterly revenue when it reports  results on May 9. 
    * The Harvey Illinois-based  company is expected to report 
a
7.6% decrease in revenue to $907.9 million from $982.57 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Atkore Inc is for
earnings of $4.26 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$170​, above​ its last closing price of $122.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  3.75        3.75       5.39      Beat    43.7
 ​​Dec.        3.57        3.56       4.58      Beat    28.6
 31 2021                                                
 Sep. 30 2021  3.85        3.84       4.39      Beat    14.2​
 Jun. 30 2021  3.08        3.08       3.96      Beat    28.6
 Mar. 31 2021  1.83        1.83       2.79      Beat    52.1
 This summary was machine generated May 5 at 17:04 GMT.  All
figures in US dollars  unless otherwise stated