Atkore International Group (ATKR) Reports In-Line Q4 EPS, Slight Miss on Revenues; Offers FY18 EPS Guidance Above Consensus

Atkore International Group (NYSE: ATKR) reported Q4 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $395.81 million versus the consensus estimate of $396.11 million.

Fourth-Quarter Highlights

• Net income per diluted share increased 29% to $0.31; Adjusted Net income per diluted share of $0.35
• Net income increased by $5.3 million to $20.9 million; Adjusted EBITDA of $59.6 million
• Net income margin increased 153 basis points to 5.3%; Adjusted EBITDA Margin of 15.0%

Full Year 2018 Guidance1

The Company expects fiscal year 2018 Adjusted EBITDA to be in the range of $245 - $260 million and Adjusted EPS to be in the range of $1.45 - $1.60.

Fiscal 2018 First Quarter Guidance1

The Company expects the first quarter of fiscal 2018 Adjusted EBITDA to be in the range of $55 - $60 million and Adjusted EPS to be in the range of $0.30 - $0.35.

GUIDANCE:

Atkore International Group sees FY2018 EPS of $1.45-$1.60, versus the consensus of $1.42.

For earnings history and earnings-related data on Atkore International Group (ATKR) click here.

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