Advanced Drainage Systems Q4 Sales $653.840M Beat $610.832M Estimate
Portfolio Pulse from Benzinga Newsdesk
Advanced Drainage Systems (NYSE:WMS) reported Q4 sales of $653.840 million, beating the analyst consensus estimate of $610.832 million by 7.04%. This represents a 5.87% increase over the same period last year.
May 16, 2024 | 10:43 am
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Advanced Drainage Systems reported Q4 sales of $653.840 million, surpassing the analyst consensus estimate of $610.832 million by 7.04%. This also marks a 5.87% increase from the same period last year.
The company's Q4 sales significantly exceeded analyst expectations and showed year-over-year growth, which is likely to positively impact the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100