Advanced Drainage Systems (WMS) Q1 Earnings Surpass Estimates

Advanced Drainage Systems (WMS) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of$ 1.98 per share. This compares to earnings of $2.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.04%. A quarter ago, it was expected that this maker of water drainage systems and pipes would post earnings of$ 0.95 per share when it actually produced earnings of $1.23, delivering a surprise of 29.47 ...