Advanced Drainage Systems (WMS) Set to Announce Earnings on Wednesday
Advanced Drainage Systems (NYSE:WMS) will be posting its quarterly earnings results before the market opens on Wednesday, February 7th.
Advanced Drainage Systems (NYSE:WMS) last posted its quarterly earnings data on Thursday, November 2nd. The construction company reported $0.28 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.08). Advanced Drainage Systems had a return on equity of 41.08% and a net margin of 1.97%. The company had revenue of $401.00 million for the quarter, compared to analysts’ expectations of $376.45 million. During the same period in the previous year, the business posted $0.35 EPS. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, analysts expect Advanced Drainage Systems to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Advanced Drainage Systems (WMS) opened at $23.45 on Monday. The company has a debt-to-equity ratio of 4.47, a current ratio of 2.26 and a quick ratio of 1.32. Advanced Drainage Systems has a 1 year low of $17.90 and a 1 year high of $25.20. The company has a market cap of $1,311.58, a P/E ratio of 67.00 and a beta of 1.00.
In other news, COO Ronald R. Vitarelli sold 5,000 shares of Advanced Drainage Systems stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $23.04, for a total transaction of $115,200.00. Following the completion of the sale, the chief operating officer now directly owns 54,698 shares of the company’s stock, valued at approximately $1,260,241.92. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Thomas M. Fussner sold 18,325 shares of Advanced Drainage Systems stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $23.67, for a total transaction of $433,752.75. Following the sale, the chief operating officer now directly owns 549,519 shares of the company’s stock, valued at $13,007,114.73. The disclosure for this sale can be found here. Company insiders own 21.43% of the company’s stock.
Advanced Drainage Systems Company Profile
Advanced Drainage Systems, Inc is engaged in designing, manufacturing and marketing of thermoplastic corrugated pipe and related water management products, primarily in North and South America, and Europe. The Company operates through two segments: Domestic and International. The Domestic segment manufactures and markets products throughout the United States.
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