NYSE$ATKR
Atkore Inc. · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Atkore's Q1 2022 performance reflected record results, driven by team commitment and execution of the Atkore Business System, leading to margin expansion across segments.
Atkore Inc. reported a significant increase in net sales, net income, and adjusted EBITDA for its fiscal 2022 first quarter. Net sales reached $840.8 million, a 64.5% increase compared to the prior year. Net income rose to $204.8 million, and adjusted EBITDA increased to $293.0 million.
- Net sales increased by 64.5% to $840.8 million compared to the prior year.
- Net income per diluted share increased to $4.32, up from $1.75 in the prior year.
- Adjusted EBITDA increased by 113.9% to $293.0 million compared to the prior year.
- Full-year outlook for Adjusted EBITDA increased to $875 million - $925 million.
Headline financials
Revenue & EPS history
Atkore · Revenue · Quarterly
$841M
Revenue by segment
Atkore · $842M total across 2 segments · Q1 2022
- Electrical$642M+65.7%76.2%
- Safety & Infrastructure$201M+60.7%23.8%
Forward guidance
Atkore is increasing its outlook for Adjusted EBITDA and Adjusted net income per diluted share for fiscal year 2022. The Company continues to expect Net Sales to be up approximately mid-single digit percentages versus fiscal year 2021.
Tailwinds
- Net Sales to be up approximately mid-single digit percentages versus fiscal year 2021.
- Adjusted EBITDA to be in the range of $875 million to $925 million.
- Adjusted net income per diluted share to be in the range of $12.80 - $13.60.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+2.2%
Avg return
Earnings day
+3.0%
Avg return
5 days after
+6.1%
Avg return
30 days after
65%
30 / 46 earnings
Positive
+18.0%
Q2 2022
Best reaction
-19.6%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +5.9% | +1.4% | +15.8% | |
| Q1 2026 | -0.8% | -2.5% | -9.2% | |
| Q4 2025 | -12.5% | -2.1% | -3.6% | |
| Q2 2025 | -2.2% | +1.6% | -0.6% | |
| Q1 2025 | -19.6% | -17.9% | -18.8% | |
| Q4 2024 | +6.6% | +12.8% | -0.9% | |
| Q3 2024 | -18.6% | -19.9% | -28.4% | |
| Q2 2024 | -10.6% | -11.4% | -19.7% | |
| Q1 2024 | -2.6% | -6.2% | +13.1% | |
| Q4 2023 | -3.7% | -3.2% | +16.1% | |
| Q3 2023 | +0.9% | +0.1% | +2.3% | |
| Q2 2023 | -3.7% | -2.8% | +8.7% | |
| Q1 2023 | +8.3% | +11.0% | +17.5% | |
| Q4 2022 | +16.4% | +18.3% | +16.2% | |
| Q3 2022 | -9.0% | -10.6% | -12.7% | |
| Q2 2022 | +18.0% | +19.7% | +16.7% | |
| Q1 2022 | +10.0% | +4.4% | +8.8% | |
| Q4 2021 | +8.4% | +6.9% | +1.3% | |
| Q3 2021 | +13.0% | +16.0% | +24.5% | |
| Q2 2021 | +1.8% | +9.5% | +0.4% | |
| Q1 2021 | +17.1% | +27.0% | +47.8% | |
| Q4 2020 | +9.5% | +24.5% | +36.2% | |
| Q3 2020 | +3.7% | +10.1% | -3.7% | |
| Q2 2020 | -4.6% | +4.2% | +26.6% | |
| Q1 2020 | +5.3% | +3.1% | -6.9% | |
| Q4 2019 | +11.8% | +12.5% | +9.1% | |
| Q3 2019 | +14.7% | +11.5% | +11.4% | |
| Q2 2019 | +1.8% | +2.1% | -2.9% | |
| Q1 2019 | +1.1% | -2.8% | -8.0% | |
| Q4 2018 | +15.3% | +14.4% | +9.9% | |
| Q3 2018 | +17.5% | +11.1% | +20.4% | |
| Q2 2018 | +4.5% | +15.5% | +23.5% | |
| Q1 2018 | -1.0% | -1.2% | -6.4% | |
| Q4 2017 | +6.3% | +5.7% | +7.2% | |
| Q3 2017 | -14.1% | -14.3% | -15.0% | |
| Q2 2017 | -13.0% | -16.4% | -16.1% | |
| Q1 2016 | -0.3% | -0.5% | -4.8% | |
| Q1 2017 | -0.3% | -0.5% | -4.8% | |
| Q4 2016 | +0.2% | -3.5% | +11.8% | |
| Q2 2015 | +0.2% | -3.5% | +11.8% | |
| Q2 2016 | +0.2% | -3.5% | +11.8% | |
| Q1 2015 | +0.2% | -3.5% | +11.8% | |
| Q4 2014 | +0.2% | -3.5% | +11.8% | |
| Q3 2015 | +5.6% | +8.7% | +17.3% | |
| Q4 2015 | +5.6% | +8.7% | +17.3% | |
| Q3 2016 | +5.6% | +8.7% | +17.3% | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2012 | — | — | — |
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