Atkore Intl Group: Q1 Earnings Insights

Shares of Atkore Intl Group ATKR were flat in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 100.00% over the past year to $1.88, which beat the estimate of $1.20.

Revenue of $511,082,000 up by 14.22% year over year, which beat the estimate of $456,790,000.

Outlook

The upcoming fiscal year's EPS expected to be between $5.65 and $5.95.

The upcoming fiscal year's revenue expected to be between $2,048,000,000 and $2,119,000,000.

Conference Call Details

Date: Feb 02, 2021

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.atkore.com%2F&eventid=2923894&sessionid=1&key=48DF9513546D5A831B18395DDECDBDD9&regTag=&V2=false&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $50.50

Company's 52-week low was at $10.85

Price action over last quarter: Up 35.62%

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 and Solutions. The Electrical Raceway segment manufactures products such as electrical conduits, armored cables, cable trays, and mounting systems. The Mechanical Products and Solutions segment manufacturers metal framing products and galvanized mechanical tubes. The company generates most of its revenue in the United States.