Advanced Drainage Systems (NYSE: WMS) reported Q1 EPS of $0.87, $0.39 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $669.3 million versus the consensus estimate of $624.84 million.

GUIDANCE:

Advanced Drainage Systems sees FY2022 revenue of $2.5-2.6 billion, versus the consensus of $2.27 billion.

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