Atkore's Fiscal Q4 Adjusted Earnings, Revenue Decrease; Fiscal 2025 Guidance Set

MT Newswires Live

Nov 21, 2024

Atkore (ATKR) reported fiscal Q4 adjusted net income Thursday of $2.43 per diluted share, down from $4.21 a year earlier.

Analysts polled by FactSet expected $2.47.

Net sales for the quarter ended Sept. 30 were $788.3 million, down from $869.9 million a year earlier.

Analysts surveyed by FactSet expected $749.5 million.

Atkore said it expects fiscal 2025 adjusted net income of $7.80 to $8.90 per diluted share. Analysts polled by FactSet expected $11.67.

Net sales for the current fiscal year are projected to be $2.9 billion to $3.2 billion, the company said. Analysts surveyed by FactSet expected $3.04 billion.

The company's shares were down more than 10% in recent Thursday premarket activity.

Price: 75.50, Change: -8.65, Percent Change: -10.28

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Analysts polled by FactSet expected $11.67.</p><p>Net sales for the current fiscal year are projected to be $2.9 billion to $3.2 billion, the company said. Analysts surveyed by FactSet expected $3.04 billion.</p><p>The company's shares were down more than 10% in recent Thursday premarket activity.</p><p>Price: 75.50, Change: -8.65, Percent Change: -10.28</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ATKR","symbol_name":"Atkore Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2485648224","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485648224","pubTimestamp":1732189111,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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