Atkore International Group (ATKR) Tops Q3 EPS by 21c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

Atkore International Group (NYSE: ATKR) reported Q3 EPS of $0.86, $0.21 better than the analyst estimate of $0.65. Revenue for the quarter came in at $498.01 million versus the consensus estimate of $441.1 million.

• Diluted earnings per share increased by $0.29 to $0.70; Adjusted net income per diluted share increased by $0.37 to $0.86
• Net income increased by $6.7 million to $34.2 million; Adjusted EBITDA increased by $14.6 million to $76.7 million
• Full-year Adjusted EBITDA guidance updated to $265.0 million - $272.0 million
• Full-year Adjusted net income per diluted share guidance updated to $2.65 - $2.70

GUIDANCE:

Atkore International Group sees FY2018 EPS of $2.65-$2.70, versus the consensus of $2.37.

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

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