Atkore International Group (NYSE:ATKR) will post its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect Atkore International Group to post earnings of $0.81 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Atkore International Group (NYSE:ATKR) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.65 by $0.18. The company had revenue of $469.30 million for the quarter, compared to analyst estimates of $478.77 million. Atkore International Group had a net margin of 6.51% and a return on equity of 103.17%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.63 earnings per share. On average, analysts expect Atkore International Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
ATKR stock opened at $26.23 on Tuesday. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.58 and a beta of 1.81. The company has a current ratio of 2.53, a quick ratio of 1.66 and a debt-to-equity ratio of 5.58. The firm’s fifty day moving average price is $25.95. Atkore International Group has a one year low of $17.47 and a one year high of $28.67.
In related news, insider Peter J. Lariviere sold 9,640 shares of the firm’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $24.66, for a total transaction of $237,722.40. Following the sale, the insider now owns 122,082 shares in the company, valued at $3,010,542.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.03% of the stock is currently owned by company insiders.
About Atkore International Group
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.
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