Advanced Drainage Systems Inc. (WMS) reported a profit for second quarter that Drops, from last year
The company's earnings totaled $143.92 million, or $1.84 per share. This compares with $161.40 million, or $2.06 per share, last year.
Excluding items, Advanced Drainage Systems Inc. reported adjusted earnings of $1.95 per share for the period.
The company's revenue for the period rose 1.8% to $829.88 million from $815.33 million last year.
Advanced Drainage Systems Inc. earnings at a glance (GAAP) :
-Earnings: $143.92 Mln. vs. $161.40 Mln. last year.-EPS: $1.84 vs. $2.06 last year.-Revenue: $829.88 Mln vs. $815.33 Mln last year.
-Guidance:Full year revenue guidance: $2.825 - $2.975 Bln
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.