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

Atkore

18/11/2022 14:31

* Atkore Inc  ATKR.N  reported quarterly adjusted earnings
of
$5.52​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for earnings of
$5.08 per share.
    * Revenue rose 11.4% to $1.03 billion from a year ago;
analysts
expected $981.80 million. 
    * Atkore Inc's reported EPS for the quarter was $5.18​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
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 risen by 29.3% this quarter and
lost 9.5%
so far this year.
    * The company reported quarterly net income of $220.8
million.
    * Wall Street's median 12-month price target for Atkore Inc
is
$110.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
18 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      5.08           5.52           Beat
 Jun. 30 2022      5.22           6.07           Beat
 Mar. 31 2022      3.75           5.39           Beat
 Dec. 31 2021      3.56           4.58           Beat