Atkore reports Q2 EPS $3.67, consensus $3.81

Reports Q2 revenue $792.9M, consensus $806.33M. “Atkore achieved solid results in the Q2 having met our projections for Net Sales and exceeding our projections for Adjusted EBITDA and Adjusted Diluted EPS we presented in February,” said Bill Waltz, Atkore President and CEO. “Organic volume grew 6% for the first half of the year while down 1% for the Q2. We continue to execute our capital deployment model by investing in our business and returning capital to shareholders. We repurchased $59M in stock during Q2 for a total of over $150M repurchased year to date in FY24.”