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

Atkore

09/05/2023 14:32

* Atkore Inc  ATKR.N  reported quarterly adjusted earnings
of
$4.87​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
$4.26 per share.
    * Revenue fell 8.8% to $895.93 million from a year ago;
analysts
expected $907.90 million. 
    * Atkore Inc's reported EPS for the quarter was $4.31​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Atkore Inc shares had fallen by 9.1% this quarter and
gained 12.6% so far this year.
    * The company reported quarterly net income of $174.19
million.
    * Wall Street's median 12-month price target for Atkore Inc
is
$170.00 
    * 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 LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      4.26           4.87           Beat
 Dec. 31 2022      3.98           4.61           Beat
 Sep. 30 2022      5.08           5.52           Beat
 Jun. 30 2022      5.22           6.07           Beat