Market Overview

Atkore International: Q2 Earnings Insights

Share:

Shares of Atkore International (NYSE:ATKR) were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 19.28% over the past year to $0.99, which beat the estimate of $0.85.

Revenue of $455,654,000 less by 2.91% year over year, which missed the estimate of $459,390,000.

Looking Ahead

Atkore International hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: May 05, 2020

Time: 07:01 AM ET

Webcast URL: https://78449.choruscall.com/dataconf/productusers/atkr/mediaframe/37147/indexr.html

Recent Stock Performance

52-week high: $43.50

Company's 52-week low was at $10.85

Price action over last quarter: down 45.49%

Company Description

Atkore International Group Inc is a diversified Industrials company. The company manufactures and distributes electrical raceway products. Atkore International has two business segments, Electrical Raceway and Mechanical Products & Solutions. The Electrical Raceway segment manufactures products such as electrical conduits, armored cables, cable trays, and mounting systems. The Mechanical Products & Solutions segment manufacturers metal framing products and galvanized mechanical tubes. The company generates most of its revenue in the United States.

 

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Posted-In: Earnings News