earnings
confidence high
sentiment negative
materiality 0.80
Atkore Q2: net loss $(3.65)/share, Adj EPS $1.23; $136.5M antitrust settlement, divests HDPE & Belgium
Atkore Inc.
2026-Q2 EPS reported
-$3.21
revenue$1,386,925,000
- Net sales $731.4M (+4.2% YoY); Electrical +8.1%, Safety & Infrastructure -4.9%.
- GAAP net loss $124.1M vs $50.1M loss prior year; adjusted EBITDA $81.1M (-30.4%).
- Recorded $136.5M litigation settlement expense in Q2 for PVC antitrust class action.
- Divested HDPE Pipe & Conduit to Infra Pipes (retained 10% equity, $28M cash) and Belgium coating businesses in April.
- Maintains FY2026 Adj EBITDA outlook $340-360M and Adj EPS $5.05-5.55; declares $0.33 dividend.