Atkore Inc is a leading manufacturer and distributor of electrical, mechanical, and building products
The company specializes in providing innovative solutions for electrical and plumbing infrastructure, including conduit and fittings, cable management systems, and HVAC products. With a focus on quality and safety, Atkore serves a variety of industries, including construction, commercial, and industrial markets. Through its extensive network of facilities and a commitment to sustainability, Atkore aims to deliver high-performance products that meet the evolving needs of its customers.
Atkore has gotten torched over the last six months - since June 2024, its stock price has dropped 36.1% to $83.21 per share. This might have investors contemplating their next move.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how electrical systems stocks fared in Q3, starting with Atkore (NYSEATKR).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Acuity Brands (NYSEAYI) and the rest of the electrical systems stocks fared in Q3.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how electrical systems stocks fared in Q3, starting with Methode Electronics (NYSEMEI).
Electrical safety company Atkore (NYSEATKR) reported Q3 CY2024 results topping the market’s revenue expectations, but sales fell by 9.4% year on year to $788.3 million. Its non-GAAP profit of $2.43 per share was 1.5% below analysts’ consensus estimates.
