Atkore Raises FY23 Adj EPS Outlook From $17.45 - $18.35 To $18.90 - $19.30 Vs. $18.03 Est.
Portfolio Pulse from Benzinga Newsdesk
Atkore has increased its FY23 adjusted EPS outlook from $17.45 - $18.35 to $18.90 - $19.30, which is higher than the estimated $18.03.
August 08, 2023 | 10:07 am
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Atkore's raised FY23 adjusted EPS outlook could potentially lead to a positive market reaction, as it surpasses the previous estimate.
Atkore has raised its FY23 adjusted EPS outlook, which is a positive signal for investors as it indicates better than expected profitability. This could potentially lead to an increase in the company's stock price in the short term.
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