Earnings Preview For Atkore
Portfolio Pulse from Benzinga Insights
Atkore (NYSE:ATKR) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with analysts predicting an EPS of $3.61. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Atkore's stock price has reacted negatively to past earnings reports, despite beating EPS estimates. Shares are currently trading at $156.87, with a 10.95% increase over the last 52 weeks.
January 31, 2024 | 8:01 pm
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Atkore is anticipated to release its earnings report with an expected EPS of $3.61. Historical data shows negative stock price reactions despite past earnings beats. The stock has risen 10.95% over the past year.
While Atkore has a history of beating EPS estimates, the stock price has typically dropped following earnings reports. The expected EPS of $3.61 and the stock's positive year-long performance may set expectations high, but past trends suggest a cautious outlook for short-term stock movement post-earnings.
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