Atkore Inc. (ATKR) Misses Q2 Earnings Estimates

分组1 - Atkore Inc. reported quarterly earnings of $2.04 per share, slightly missing the Zacks Consensus Estimate of$2.05 per share, and down from $4.08 per share a year ago, indicating an earnings surprise of -0.49$701.73 million for the quarter, surpassing the Zacks Consensus Estimate by 0.26%, but down from $792.91 million year-over-year [2] - Atkore has surpassed consensus EPS estimates only once in the last four quarters, while topping revenue estimates two times in the same period [2] 分组2 - The stock has underperformed, losing about 19.8% since the beginning of the year compared to the S&P 500's decline of -3.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.59 on revenues of$754.5 million, and for the current fiscal year, it is $6.79 on revenues of$2.85 billion [7] - The Wire and Cable Products industry, to which Atkore belongs, is currently ranked in the top 6% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]