Atkore International Group Inc. (NYSE:ATKR) is set to announce fourth quarter earning results on Thursday 19th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ATKR to report 4Q20 income of $ 0.68 per share.
For the full year, analysts anticipate top line of $ 1719.89 million, while looking forward to income of $ 3.28 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,725.00 million ~ $ 1,725.00 million, where as bottomline are predicted in a range of $ 3.26 ~ $ 3.26 per share
Click Here For More Historical Outlooks Of Atkore International Group Inc.
Previous Quarter Performance
Atkore International Group Inc. unfold income for the third quarter of $ 0.67 per share, from the revenue of $ 384.90 million. The quarterly earnings declined 35.58 percent compared with the same quarter last year. The consensus estimates are income of $ 0.48 per share from $ 364.64 million in revenue. The bottom line results beat street analysts by $ 0.19 or 39.58 percent, at the same time, top line results outshined analysts by $ 20.26 million or 5.56 percent.
Stock Performance
Shares of Atkore International Group Inc. traded up $ 1.24 or 4.16 percent on Wednesday, reaching $ 31.04 with volume of 735.20 thousand shares. Atkore International Group Inc. has traded high as $ 31.18 and has cracked $ 29.75 on the downward trend
According to the previous trading day, closing price of $ 31.04, representing a 174.65 % increase from the 52 week low of $ 10.85 and a 31.49 % decrease over the 52 week high of $ 43.50.
The company has a market capital of $ 1.47 billion and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
Atkore International Group Inc. will be hosting a conference call at 8:00 AM eastern time on 19th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 833-968-2233 U.S. or 825-312-2056 Toll Number, and the passcode is 8987723 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.atkore.com
Atkore International Group Inc. manufactures and distributes electrical raceway products, and mechanical products and solutions (MP&S) in the United States and internationally. The company offers electrical raceway products, including electrical conduits and fittings, armored cables and fittings, and cable trays and mounting systems and fittings.
