Atkore Q1 EPS declines YoY but raises full-year adjusted EPS guidance; initiates quarterly dividend

Atkore Inc.

2024-Q1 EPS reported $3.61 revenue$798,481,000

Net sales $798.5M (-4.2% YoY); GAAP EPS $3.61, Adjusted EPS $4.12.
Electrical segment sales $593.7M (-7.1%); Safety & Infrastructure $205.1M (+5.1%).
Board declares first-ever quarterly dividend of $0.32/share, payable Mar 15 to holders of record Feb 27.
Full-year Adjusted EPS guidance raised to $16.50–$17.50; Adjusted EBITDA outlook unchanged at $900–$950M.
CEO cites double-digit organic volume growth across all key product areas.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.975

Atkore Inc. reported fiscal 2024 first quarter ended December 29, 2023 results: revenue $798.5 million, net income $138.4 million, EPS $3.61. Guidance raised.

Period: fiscal 2024 first quarter ended December 29, 2023
Revenue: $798.5 million
Net income: $138.4 million
EPS: $3.61
Guidance: raised
Result: reported results

Exact text from the filing

Atkore Inc. Announces First Quarter 2024 Results • Net sales of $798.5 million

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Source: SEC EDGAR

accession 0001666138-24-000014

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