Atkore Sees Q1 FY24 Adj. EPS $3.50 - $3.70 Vs. $3.66 Est.
Portfolio Pulse from Benzinga Newsdesk
Atkore International Group Inc. has provided guidance for its Q1 FY24 adjusted earnings per share (EPS) to be in the range of $3.50 to $3.70. This forecast is compared to the estimated $3.66 by analysts.
November 17, 2023 | 11:57 am
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Atkore International Group Inc. expects its Q1 FY24 adjusted EPS to be between $3.50 and $3.70, which encompasses the analyst estimate of $3.66.
Atkore's guidance for Q1 FY24 adjusted EPS is within the range of analyst estimates, suggesting that the company's performance is in line with market expectations. This typically has a neutral impact on the stock price in the short term as there are no significant positive or negative surprises.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100