Atkore (ATKR) Q4 Earnings Preview: Key Metrics and Analyst Expectations
Q4 Earnings Release: Tomorrow morning
Revenue Forecast: $675.7 million (15.4% YoY decline)
Adjusted Earnings Per Share (EPS) Forecast: $1.55
Key Highlights:
* Q3 beat revenue estimates by 5.3% but missed EBITDA guidance
* Analysts have maintained their estimates in the past 30 days
* Peers LSI and OSI Systems reported strong Q4 results
* Electrical systems sector has remained stable ahead of earnings
Analyst Ratings:
* Atkore has missed Wall Street revenue estimates five times in the past two years
* Current analyst price target: $103.67
Industry Trends:
* Generative AI expected to significantly impact large corporations
* Semiconductor stocks benefiting from AI's rise