Recap: Advanced Drainage Systems Q4 Earnings

Advanced Drainage Systems WMS reported its Q4 earnings results on Thursday, May 19, 2022 at 06:40 AM.

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

Advanced Drainage Systems missed estimated earnings by 18.18%, reporting an EPS of $0.54 versus an estimate of $0.66.

Revenue was up $234.38 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 1.52% increase in the share price the next day.

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

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	0.91	1.13	1.26	0.32
EPS Actual	0.86	0.88	0.87	0.23
Revenue Estimate	646.99M	710.26M	624.84M	402.37M
Revenue Actual	715.36M	706.47M	669.30M	443.81M

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.