Atkore Inc. Announces Second Quarter 2021 Results
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Atkore International Group (ATKR) Tops Q2 EPS by 96c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
April 29, 2021 5:58 AM EDTAtkore International Group (NYSE: ATKR) reported Q2 EPS of $2.79, $0.96 better than the analyst estimate of $1.83. Revenue for the quarter came in at $639.5 million versus the consensus estimate of $556.8 million.
Net sales of $639.5 million, up 40.4% versus prior yearDiluted earnings per share increased by $1.78 to $2.58; Adjusted net income per diluted share increased by $1.80 to $2.79Net income increased by $85.7 million to $124.9 million; Adjusted EBITDA increased by $106.4 million to $193.4 millionFull-year Net sales expected to be up 40% - 50% compared to fiscal year 2020Full-year Adjusted EBITDA outlook increased to $700 million - $750 million; Full-year Adjusted... More