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Sep 30, 2021
Atkore Q4 2021 Earnings Report
Atkore reported record quarterly net income driven by its leading position in PVC electrical conduit and solid volume recovery.
Key Takeaways
Atkore Inc. announced outstanding earnings for Q4 2021, with triple-digit percentage year-over-year improvements in net income, adjusted EBITDA, diluted EPS, and adjusted EPS. The company's success was attributed to its leading position in PVC electrical conduit, solid volume recovery, and strategic investments in new product innovations and acquisitions.
Record quarterly net income in the fourth quarter 2021.
Net income per diluted share increased to $4.26 from $1.11.
Adjusted net income per diluted share increased to $4.39 from $1.18.
Net income increased by $148.3 million to $202.6 million.
Revenue by Segment
Forward Guidance
The Company expects the first quarter of fiscal 2022 Adjusted EBITDA to be in the range of $230 - $250 million and Adjusted net income per diluted share to be in the range of $3.30 - $3.60. The Company expects fiscal year 2022 Adjusted EBITDA to be in the range of $650-$700 million and Adjusted net income per diluted share to be in the range of $9.20 - $10.00.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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