Recap: Advanced Drainage Systems Q3 Earnings

Advanced Drainage Systems WMS reported its Q3 earnings results on Thursday, February 3, 2022 at 06:40 AM.

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

Earnings

Advanced Drainage Systems missed estimated earnings by 5.49%, reporting an EPS of $0.86 versus an estimate of $0.91, which did not surprise analysts.

Revenue was up $229.21 million from the same period last year.

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Past Earnings Performance

Last quarter the company missed on EPS by $0.25, which was followed by a 2.6% increase in the share price the next day.

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

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