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Atkore International (ATKR)
NYSE:ATKR
US Market
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EarningsQ2 2026 Earnings Report

Atkore International Group (ATKR) Q2 2026 Earnings Report

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ATKR Q2 2026 EPS Results

Actual EPS$1.23
Consensus EPS$1.00
Beat/MissBeat by +$0.23
One Year Ago EPS$2.04

ATKR Q2 2026 Revenue Results

Actual Revenue$731.38M
Expected Revenue$714.18M
Beat/MissBeat by +$17.20M
YoY Revenue Growth+4.23%

Earnings Announcement Details

QuarterQ2 2026
Date05/05/2026
TimeBefore Open
Conference CallTuesday, May 5, 2026
ATKR Upcoming Earnings
Atkore International Group's next earnings date is estimated for November 13, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

ATKR Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:May 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call reflected a mixed but balanced picture: operational momentum (sequential improvement in sales, adjusted EBITDA and productivity gains; organic volume growth; maintained guidance) and strategic progress (divestitures, plant consolidations) were offset by sizable one-time charges and margin pressure in certain areas. The $136.5M PVC settlement, asset impairments and a large year‑over‑year drop in adjusted EPS were material negatives, but management expects continued mid-single-digit volume growth, preserved guidance ranges, and ongoing cost savings that support near-term outlook.
Company Guidance
Management reiterated fiscal 2026 guidance, calling for full‑year net sales of $2.90–$2.95 billion, adjusted EBITDA of $340–$360 million and adjusted EPS of $5.05–$5.55 while expecting mid‑single‑digit organic volume growth for the year; Q2 actuals were net sales $731 million, adjusted EBITDA $81 million and adjusted EPS $1.23. They said Q3 should grow sequentially versus Q2 in net sales, adjusted EBITDA and adjusted EPS, with slight sequential growth from Q3 to Q4 in all three metrics, and they expect a Q3/Q4 tax rate of about 22%–24% to approximate adjusted EPS. Management also noted the $136.5 million PVC‑antitrust settlement is reflected in Q2 results and anticipated to be paid in Q3, the company generated roughly $19 million of operating cash flow in Q2 excluding ~$46 million of customer collections after quarter‑end, and the balance sheet has no debt maturities until 2030.
Quarterly Revenue and Profitability
Net sales of $731.0 million and adjusted EBITDA of $81.0 million in Q2 FY2026, with adjusted EPS of $1.23. All three metrics improved sequentially from Q1.
Organic Volume Growth
Organic volumes increased approximately 5% year-over-year in Q2; year-to-date volumes are up mid-single digits and management expects mid-single-digit volume growth for the full year.
Average Selling Price Improvement
Average selling prices increased ~1.5% in the quarter, driven by higher prices on steel conduit, cable products and mechanical tube products.
Maintained Full-Year Financial Guidance
Company reiterated full-year guidance: net sales $2.90B–$2.95B, adjusted EBITDA $340M–$360M, and adjusted EPS $5.05–$5.55; expects sequential growth Q3→Q4 in net sales, adjusted EBITDA and adjusted EPS.
Strategic Portfolio Actions and Productivity
Completed multiple divestitures (HDPE business, Belgium surface protection/powder coating, Tectron product line), ceased manufacturing at 3 U.S. facilities, and realized continued productivity improvements; expected annualized savings from facility actions of ~$10M–$12M (possible slight upside).
Balance Sheet and Cash Flow
Balance sheet described as strong with no debt maturities until 2030. Excluding timing of ~$46M customer receipts, operating cash flow of approximately $19M in the quarter; March net sales per day were the highest of any fiscal month in the past 3 years.
Business Momentum in Key End Markets
Strong demand areas include data centers (management refers to 'double-digit' data center growth), metal framing/cable management/construction services (continued growth, earlier ~10% YoY in comparable period), and solar-related mechanical tube products showing improved momentum.
HDPE Transaction and Ongoing Stake
Divested HDPE business (5 facilities) while retaining a 10% ownership interest in the combined InfraPipe/HDPE business; management stated that excluding HDPE the electrical adjusted EBITDA margin in Q2 would have been ~150 basis points higher.

ATKR Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 13, 2026
2026 (Q4)
1.71 / -
0.69
2026 (Q3)
1.53 / 1.92
1.6317.79% (+0.29)
2026 (Q2)
1.00 / 1.23
2.04-39.71% (-0.81)
2026 (Q1)
0.63 / 0.83
1.63-49.08% (-0.80)
2025 (Q4)
1.26 / 0.69
2.43-71.60% (-1.74)
2025 (Q3)
1.58 / 1.63
3.8-57.11% (-2.17)
2025 (Q2)
1.71 / 2.04
4.08-50.00% (-2.04)
2025 (Q1)
1.55 / 1.63
4.12-60.44% (-2.49)
2024 (Q4)
2.47 / 2.43
4.21-42.28% (-1.78)
2024 (Q3)
4.00 / 3.80
5.72-33.57% (-1.92)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed