Benzinga | Nov 17, 2021 11:33AM EST

A Preview Of Atkore International Gr's Earnings

Atkore International Gr (NYSE:ATKR) is set to give its latest quarterly earnings report on Thursday, 2021-11-18. Here's what investors need to know before the announcement.

Analysts estimate that Atkore International Gr will likely report an Earnings Per Share (EPS) of $3.84

Atkore International Gr bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.89, which was followed by a 0.17% drop in the share price the next day.

Here's a look at Atkore International Gr's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 3.07 1.83 1.20 0.68EPS Actual 3.96 2.79 1.88 1.18Price Change % -0.17% -0.08% 0.54% -0.44%

Stock Performance

Shares of Atkore International Gr were trading at $105.94 as of November 16. Over the last 52-week period, shares are up 208.96%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

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