Atkore International Group Inc. Announces First Quarter 2021 Results
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Atkore International Group (ATKR) Tops Q1 EPS by 67c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus
February 2, 2021 6:13 AM ESTAtkore International Group (NYSE: ATKR) reported Q1 EPS of $1.88, $0.67 better than the analyst estimate of $1.21. Revenue for the quarter came in at $511.1 million versus the consensus estimate of $457.06 million.
Net sales of $511.1 million, up 14.2% versus prior yearDiluted earnings per share of $1.75; Adjusted net income per diluted share of $1.88Net income of $85.1 million; Adjusted EBITDA of $137.0 millionBoard of Directors approved share repurchase program on January 28, 2021, under which the Company may repurchase up to $100 million of its outstanding common stock over the next two yearsFull-year Net sales expected to be up... More