Advanced Drainage Systems (NYSE:WMS) reported its Q3 earnings results on Thursday, February 3, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
Earnings
Advanced Drainage Systems missed estimated earnings by 5.49%, reporting an EPS of $0.86 versus an estimate of $0.91, which did not surprise analysts.
Revenue was up $229.21 million from the same period last year.
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Past Earnings Performance
Last quarter the company missed on EPS by $0.25, which was followed by a 2.6% increase in the share price the next day.
Here's a look at Advanced Drainage Systems's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.13 | 1.26 | 0.32 | 0.47 |
| EPS Actual | 0.88 | 0.87 | 0.23 | 0.62 |
| Revenue Estimate | 710.26M | 624.84M | 402.37M | 407.90M |
| Revenue Actual | 706.47M | 669.30M | 443.81M | 486.14M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
