Advanced Drainage Systems Announces Second Quarter Fiscal 2022 Results

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Advanced Drainage Systems (WMS) Misses Q2 EPS by 23c, Offers Guidance

November 4, 2021 6:50 AM EDT

Advanced Drainage Systems (NYSE: WMS) reported Q2 EPS of $0.88, $0.23 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $706.5 million versus the consensus estimate of $702.39 million.

GUIDANCE:

Advanced Drainage Systems sees FY2022 revenue of $2.55-2.65 billion, versus the... More