Advanced Drainage Systems (WMS) Misses Q3 EPS by 7c, Offers FY Guidance

Advanced Drainage Systems (NYSE: WMS) reported Q3 EPS of $0.25, $0.07 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $318.1 million versus the consensus estimate of $341.57 million.

GUIDANCE:

Advanced Drainage Systems sees FY2019 revenue of $1.375-1.425 billion, versus the consensus of $1.4 billion.

• Adjusted EBITDA is expected to be in the range of $225 to $240 million

For earnings history and earnings-related data on Advanced Drainage Systems (WMS) click here.

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