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WMSBearishEarningsnews
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Advanced Drainage (WMS) to Report Q4 Earnings: What to Expect

May 14, 2024, 1:10 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Advanced Drainage Systems, Inc. will report Q4 fiscal 2024 results on May 16. - Company's adjusted earnings and sales have exceeded Zacks Consensus Estimate. - Expected improvements in the U.S. residential, infrastructure, and agriculture end markets. - Estimate for Q4 adjusted EPS increased to 95 cents, reflecting a 10.4% decline from last year. - WMS earnings likely to have declined due to increased expenses but helped by sales mix. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Advanced Drainage Systems, Inc. will report Q4 fiscal 2024 results on May 16.
  • Company's adjusted earnings and sales have exceeded Zacks Consensus Estimate.
  • Expected improvements in the U.S. residential, infrastructure, and agriculture end markets.
  • Estimate for Q4 adjusted EPS increased to 95 cents, reflecting a 10.4% decline from last year.
  • WMS earnings likely to have declined due to increased expenses but helped by sales mix.

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