kali9 In June, I believed that shares of Atkore (NYSE:ATKR) were getting electrified, after shares had come down a great deal. While it was evident that peak earnings were coming down, I believed that ¨normal¨ earnings power started to provide support to the valuation, which together with a balanced capital allocation model started to reveal emerging appeal. This resulted in me initiating a first position at the time, way too early, with the benefit of a couple of months of hindsight. Since June, shares hav ...

RapidEye/E+ via Getty Images Introduction Atkore (NYSE:ATKR) provides industrial piping and electrical cabled conduit for a number of sectors but is largely exposed to US commercial construction generally. Atkore is split into two business units, "Electrical" and "Safety & Infrastructure". Electrical sells electrical cabling such as PVC tubes, metal/armoured cables, HDPE, fittings, nipples and other connectors. In Q3, this segment done $606m in sales vs $217m in Safety & Infrastructure. Thus, top-line e ...

tolgartIntroduction Back in April, when we last covered the electric products manufacturer Atkore Inc. (NYSE:ATKR), its stock was receiving plenty of positive attention, as it was outperforming the equity bellwether, as well as other industrial alternatives quite handsomely. Back then, we had expressed doubts over whether the resilience would linger and advised investors to exercise some caution. Since then, the stock hasn't managed to kick on, and the Q3 results (ATKR follows a September fiscal year) w ...

Call Start: 08:00 January 1, 0000 8:45 AM ET Atkore Inc. (NYSE:ATKR) Q3 2024 Earnings Conference Call August 6, 2024 08:00 ET Company Participants Matthew Kline - Vice President of Treasury & Investor Relations Bill Waltz - President & Chief Executive Officer David Johnson - Chief Financial Officer Conference Call Participants Andrew Kaplowitz - Citigroup Alex Rygiel - B. Riley Deane Dray - RBC Chris Moore - CJS Securities Chris Dankert - Loop Capital Operator Good morning. My name is Mark and I will be you ...

Atkore Inc. (ATKR) came out with quarterly earnings of $3.80 per share, missing the Zacks Consensus Estimate of $4.03 per share. This compares to earnings of $5.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.71%. A quarter ago, it was expected that this company would post earnings of $3.70 per share when it actually produced earnings of $4.08, delivering a surprise of 10.27%.Over the last four quarters, the company has ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________ _____________________ FORM 10-Q _________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37793 _____________________________ ...

Exhibit 99.1 Atkore Inc. Announces Third Quarter 2024 Results • Net sales of $822.4 million, down 10.5% versus prior year • Net income per diluted share decreased by $1.80 versus prior year to $3.33; Adjusted net income per diluted share decreased by $1.92 versus prior year to $3.80 • Net income decreased by $77.9 million versus prior year to $123.4 million; Adjusted EBITDA decreased by $64.1 million versus prior year to $206.1 million • Full-year Adjusted EBITDA outlook adjusted to $772 - $782 million; Adj ...

Investors in Atkore Inc. (ATKR) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $100.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mea ...

The market expects Atkore Inc. (ATKR) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Atkore Inc. (ATKR) , which belongs to the Zacks Wire and Cable Products industry, could be a great candidate to consider.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 13.33%.For the most recent quarter, Atkore ...