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Advanced Drainage Systems Q2 EPS $0.36 Misses $0.51 Estimate, Sales $495.905M Beat $475.02M Estimate

Advanced Drainage Systems (NYSE:WMS) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.51 by 29.41 percent. This is a 20 percent decrease over earnings of $0.45 per share

Benzinga · -

Advanced Drainage Systems (NYSE:WMS) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.51 by 29.41 percent. This is a 20 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $495.905 million which beat the analyst consensus estimate of $475.02 million by 4.40 percent. This is a 21.98 percent increase over sales of $406.555 million the same period last year.