Recap: Advanced Drainage Systems Q2 Earnings - Advanced Drainage Systems (NYSE:WMS)

Advanced Drainage Systems WMS reported its Q2 earnings results on Thursday, November 3, 2022 at 06:45 AM.

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

Advanced Drainage Systems missed estimated earnings by 5.26%, reporting an EPS of $1.8 versus an estimate of $1.9.

Revenue was up $177.74 million from the same period last year.

Last quarter the company beat on EPS by $0.74 which was followed by a 2.16% increase in the share price the next day.

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

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	1.48	0.66	0.91	1.13
EPS Actual	2.22	0.95	0.86	0.88
Revenue Estimate	858.79M	619.43M	646.99M	710.26M
Revenue Actual	914.19M	678.19M	715.36M	706.47M

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.