Atkore International Group (ATKR) Tops Q1 EPS by 67c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus
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Atkore International Group Inc. Announces First Quarter 2021 Results
February 2, 2021 6:00 AM ESTNet sales of $511.1 million, up 14.2% versus prior year Diluted earnings per share of $1.75; Adjusted net income per diluted share of $1.88 Net income of $85.1 million; Adjusted EBITDA of $137.0 million Board 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 years Full-year Net sales expected to be up 16% - 20% compared to fiscal year 2020 Full-year Adjusted EBITDA outlook increased to $440 million - $460 million; Full-year Adjusted net income per diluted share outlook increased to $5.65 -... More
