Here Is What To Expect

Here Is What To Expect

Here Is What To Expect

Electrical safety company Atkore (NYSE:ATKR) will be reporting earnings this Thursday morning. Here’s what to look for.

Atkore met analysts’ revenue expectations last quarter, reporting revenues of $735 million, down 10.6% year on year. It was a slower quarter for the company, with a significant miss of analysts’ adjusted operating income estimates and revenue in line with analysts’ estimates.

Is Atkore a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Atkore’s revenue to decline 6.9% year on year to $734 million, improving from the 9.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.26 per share.

Atkore Total Revenue
Atkore Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Atkore has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Atkore’s peers in the electrical systems segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Thermon delivered year-on-year revenue growth of 14.9%, beating analysts’ expectations by 10.3%, and Vertiv reported revenues up 29%, topping estimates by 3.4%. Thermon traded up 16.3% following the results while Vertiv was also up 4.7%.

Read our full analysis of Thermon’s results here and Vertiv’s results here.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the electrical systems stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.2% on average over the last month. Atkore is down 1.4% during the same time and is heading into earnings with an average analyst price target of $63.80 (compared to the current share price of $65.09).

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