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Recap: Advanced Drainage Systems Q4 Earnings

Shares of Advanced Drainage Systems (NYSE:WMS) fell 0.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were unchanged 0.00% over the past year to $0.01, which were in line with the estimate of $0.01.

Benzinga · 05/21/2020 10:54

Shares of Advanced Drainage Systems (NYSE:WMS) fell 0.5% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were unchanged 0.00% over the past year to $0.01, which were in line with the estimate of $0.01.

Revenue of $370,768,000 rose by 36.20% year over year, which beat the estimate of $356,400,000.

Guidance

Advanced Drainage Systems hasn't issued any earnings guidance for the time being.

Advanced Drainage Systems hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 21, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.ads-pipe.com%2Fevents-and-presentations%2Fevents-calendar%2Fdefault.aspx&eventid=2157303&sessionid=1&key=D8E0F39CD28D8ABB90B7ED0DC954414D&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $51.60

Company's 52-week low was at $22.13

Price action over last quarter: down 8.30%

Company Description

Advanced Drainage Systems Inc. is engaged in designing, manufacturing and marketing of thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The Group operates through two segments: Domestic and International. The Domestic segment manufactures and markets products throughout the United States and International segment manufactures and markets products in Mexico, Central America and South America. Its product line includes corrugated high density polyethylene (HDPE) pipe, polypropylene (PP) pipe and related water management products. Its revenue is generated from sale of the pipes which are used widely in non-residential, residential, agriculture, and infrastructure areas.