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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100