The chart below shows how ATKR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ATKR sees a +11.69% change in stock price 10 days leading up to the earnings, and a -0.53% change 10 days following the report. On the earnings day itself, the stock moves by -3.53%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Volume Growth Achievement: Atkore achieved a 3.5% volume growth for the overall company, indicating strong demand across key product categories.
Shareholder Returns Strategy: Approximately 75% of operating cash flow was returned to shareholders through share repurchase programs and the introduction of quarterly dividends.
Strong Cash Flow Return: Atkore generated strong operating cash flow in the fourth quarter, allowing for the return of over 50% of cash flow to shareholders.
Strong Financial Performance: Net sales for the full year reached $3.2 billion, with adjusted EPS at $14.48, reflecting solid financial performance.
Organic Volume Increase: The company reported a 3% organic volume increase in the fourth quarter, driven by contributions from both segments.
Negative
Net Sales Decline: Net sales for the full year were $3.2 billion, which reflects a decline compared to previous expectations.
Adjusted EPS Decline: Adjusted EPS for the full year was $14.48, indicating a decrease from prior forecasts.
Adjusted EBITDA Decline: Adjusted EBITDA for the full year was $772 million, which is lower than anticipated due to pricing pressures.
Sales Decline Noted: In the fourth quarter, net sales were $788 million, down sequentially from the previous quarter, indicating a slowdown in growth.
Manufacturing Cost Challenges: The company faced unexpected material cost conversions and overconsumption within its manufacturing operations, impacting overall profitability.
Atkore Inc. (ATKR) Q4 2024 Earnings Call Transcript
ATKR.N
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