Advanced Drainage Systems falls 22% on macro headwind, lowers FY22 revenue outlook

Nov. 03, 2022 1:45 PM ETWMSBy: Deepa Sarvaiya, SA News Editor

Advanced Drainage Systems (WMS) -22% after missing on top and bottom line.

The EPS of $1.80 fell short of consensus by 11 cents, while revenue of $884M lagged consensus by $44M.

Segments: Domestic pipe sales increased $116.5 million, or 30.3%, to $501.0 million.

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.