NYSE:ATKRElectrical
Atkore (ATKR) Valuation Check After Sharp Earnings And Profitability Declines
Q1 earnings put Atkore’s recent performance in focus
Atkore (ATKR) has come under closer scrutiny after first quarter results showed sales of US$655.55 million versus US$661.6 million a year earlier, with net income at US$15.03 million compared with US$46.34 million.
See our latest analysis for Atkore.
The weaker first quarter result comes after a period where short-term share price momentum has faded, with a 7-day share price return showing a decline of 4.81% and a 1-year total shareholder...