Stock Track | Atkore Inc. Plunges 5.92% in Pre-market as Q1 Results Miss Estimates

Stock Track

2025/02/04

Atkore Inc. (ATKR) stock saw a sharp 5.92% decline in pre-market trading on Tuesday, following the company's disappointing first-quarter earnings results that missed analysts' estimates.

The electrical products maker reported Q1 sales of $661.6 million, falling short of the consensus estimate of $680.8 million. Atkore's operating income of $67.9 million also lagged behind expectations of $75 million.

While Atkore projected full-year adjusted EBITDA in the range of $375-425 million and adjusted EPS between $5.75-6.85, the weaker-than-anticipated Q1 performance appears to have rattled investors, leading to the steep pre-market sell-off.

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Plunges 5.92% in Pre-market as Q1 Results Miss Estimates\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-02-04 19:02</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Atkore Inc. (ATKR) stock saw a sharp 5.92% decline in pre-market trading on Tuesday, following the company's disappointing first-quarter earnings results that missed analysts' estimates.</p>\n\n<p>The electrical products maker reported Q1 sales of $661.6 million, falling short of the consensus estimate of $680.8 million. 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