Atkore Inc reports results for the quarter ended in December - Earnings Summary

Atkore

01/02/2023 14:31

* Atkore Inc  ATKR.N  reported quarterly adjusted earnings
of
$4.61​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
$3.98 per share.
    * Revenue fell 0.8% to $833.82 million from a year ago;
analysts
expected $818.45 million. 
    * Atkore Inc's reported EPS for the quarter was $4.20​.
    * The mean earnings estimate of analysts had risen by
about 40.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Atkore Inc shares had risen by 14.8% this quarter.
    * The company reported quarterly net income of $173.49
million.
    * Wall Street's median 12-month price target for Atkore Inc
is
$142.50 
    * 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." 

This summary was machine generated from Refinitiv data February
1 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      3.98           4.61           Beat
 Sep. 30 2022      5.08           5.52           Beat
 Jun. 30 2022      5.22           6.07           Beat
 Mar. 31 2022      3.75           5.39           Beat