Atkore Inc reports results for the quarter ended March 31 - Earnings Summary

Atkore

06/05/2025 14:31

Atkore Inc ATKR.N reported quarterly adjusted earnings of $2.04​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $4.08.  The mean expectation of six analysts for the quarter was for earnings of $1.49 per share. Wall Street expected results to range from $1.34  to $2.05 per share.

Revenue fell 11.5% to $701.73 million from a year ago; analysts expected $690.83 million.

Atkore Inc's reported EPS for the quarter was a loss of $1.46​.

The company reported a quarterly loss of $50.06 million.

Atkore Inc shares had risen by 11.5% this quarter and lost 19.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 15.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is  "hold."

Wall Street's median 12-month price target for Atkore Inc is $68.00

This summary was machine generated from LSEG data May 6 at 01:31 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.49
2.04
Beat
Dec. 31 2024
1.56
1.63
Beat
Sep. 30 2024
2.47
2.43
Missed
Jun. 30 2024
3.99
3.80
Missed