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Atkore International Group (ATKR)
NYSE:ATKR
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$1.58Last Year’s EPS
$4.12Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 21, 2024
|% Change Since: -0.54%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Neutral
The call presented a balanced view of the company's performance, highlighting volume growth and strategic expansions, but noted significant pricing pressures and market challenges, particularly in the PVC and HDPE markets.Company Guidance
During Atkore's Q4 2024 earnings call, the company provided guidance for fiscal year 2025, projecting net sales between $2.9 billion and $3.2 billion, with adjusted EBITDA expected to be in the range of $475 million to $525 million. The adjusted EPS is anticipated to be between $7.80 and $8.90. Atkore reported 3.5% volume growth for the year and returned approximately 75% of operating cash flow to shareholders. The company highlighted its capital deployment strategy, including over $380 million in stock repurchases during FY 2024, and emphasized ongoing investments in growth initiatives such as solar torque tubes and water-related products. Atkore also acknowledged pricing pressures, particularly in the PVC and steel conduit markets, and outlined plans to leverage its manufacturing capabilities to capture growth from trends like electrification and mega projects.Volume Growth and Shareholder Returns
The company achieved 3.5% volume growth for the overall company, returned approximately 75% of operating cash flow to shareholders, and implemented a quarterly dividend.
Expansion and Strategic Initiatives
Announced expansion of Atkore's network of regional service centers and the commencement of servicing customers from two regional service centers located in Texas and Georgia.
Strong Cash Flow and Share Repurchase
Generated strong operating cash flow in the fourth quarter and returned over 50% of the cash flow to shareholders. Over $380 million of stock repurchased in FY 2024.
Growth in Metal Framing, Cable Management, and Construction Services
These product areas grew mid-single digits due to increased support for mega projects in the U.S. and abroad.
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ATKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATKR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 21, 2024 | $83.85 | $84.84 | +1.18% |
| Aug 06, 2024 | $117.65 | $100.36 | -14.70% |
| May 07, 2024 | $174.82 | $152.96 | -12.50% |
| Feb 01, 2024 | $150.85 | $146.25 | -3.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Atkore International Group (ATKR) report earnings?
Atkore International Group (ATKR) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is Atkore International Group (ATKR) earnings time?
Atkore International Group (ATKR) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATKR EPS forecast?
ATKR EPS forecast for the fiscal quarter 2025 (Q1) is $1.58.
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