Advanced Drainage Systems Beats Q4 EPS by $0.12, Sales and EBITDA Also Top Estimates
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Advanced Drainage Systems reported strong Q4 results, with adjusted EPS of $1.07 significantly beating the $0.95 estimate. Sales of $676.761 million also topped estimates of $649.2 million, alongside adjusted EBITDA of $188 million which exceeded the $178.6 million estimate. This robust performance across key metrics indicates strong operational execution. Full-year guidance for adjusted EBITDA and sales is generally in line with analyst expectations. This follows the company's strong Q3 results reported in February.
At the time of this announcement, WMS was trading at $138.32 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $10.7B. The 52-week trading range was $105.14 to $179.32. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.