Advanced Drainage Systems (WMS) Misses Q2 Earnings and Revenue Estimates
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Advanced Drainage Systems (WMS) reported Q2 earnings of $1.70 per share, missing the Zacks Consensus Estimate of $1.93. This is a slight decrease from $1.71 per share a year ago.
November 08, 2024 | 2:00 pm
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NEGATIVE IMPACT
Advanced Drainage Systems reported Q2 earnings of $1.70 per share, missing the consensus estimate of $1.93. This slight decrease from last year's $1.71 per share may impact investor sentiment negatively.
The earnings miss indicates potential challenges in the company's performance, which could lead to a negative short-term impact on the stock price as investors react to the lower-than-expected results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100