Recap: Advanced Drainage Systems Q1 Earnings

Advanced Drainage Systems WMS reported its Q1 earnings results on Thursday, August 4, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Advanced Drainage Systems beat estimated earnings by 50.0%, reporting an EPS of $2.22 versus an estimate of $1.48.

Revenue was up $244.89 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.29 which was followed by a 0.99% increase in the share price the next day.

Here's a look at Advanced Drainage Systems's past performance:

To track all earnings releases for Advanced Drainage Systems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.