Atkore 2025 Q2 Earnings Misses Targets as Net Income Declines 136.3%

Atkore (ATKR) reported its fiscal 2025 Q2 earnings on May 06th, 2025. The company posted a net loss of $50.1 million, missing expectations significantly compared to the previous year's net income of $137.96 million. Despite this setback, Atkore maintained its full-year guidance for Adjusted EBITDA and net income per share. The company is focused on achieving these targets amid challenging market conditions and remains confident in its operational resilience and performance recovery.

Revenue
Atkore's revenue for 2025 Q2 was $701.73 million, marking an 11.5% decrease from the previous year. The Electrical segment contributed $492.67 million, showing a decline compared to the prior year. Meanwhile, the Safety & Infrastructure segment demonstrated a modest increase, generating $209.06 million. The total consolidated operations of Atkore reflected the overall revenue figure.

Earnings/Net Income
Atkore reported a significant swing to a loss of $1.47 per share in 2025 Q2, contrasting sharply with the profit of $3.71 per share in 2024 Q2. The net loss reached $50.06 million, representing a 136.3% decrease from the previous year's net income. The EPS was notably disappointing given the substantial negative change.

Price Action
The stock price of Atkore has edged down 1.17% during the latest trading day, has edged up 2.31% during the most recent full trading week, and has surged 18.59% month-to-date.

Post-Earnings Price Action Review
Investing in Atkore shares after a quarter-over-quarter revenue increase but holding for 30 days has historically underperformed, yielding a 16.37% return over the past five years compared to the benchmark's 83.12% return. This strategy's risk-adjusted performance was poor, as indicated by a low Sharpe ratio of 0.23. Moreover, it experienced a significant maximum drawdown of -20.59%, highlighting its vulnerability to market downturns and overall high risk.

CEO Commentary
Atkore Inc. delivered strong second-quarter results, with President and Chief Executive Officer Bill Waltz highlighting a 5% organic volume growth year over year and improved productivity. Waltz emphasized that the company's diverse, domestically sourced portfolio has enabled it to navigate challenging market conditions effectively. He expressed pride in the team's dedication, stating that Atkore's recognition as a USA Today Top Workplace reflects its commitment to prioritizing people as a core element of the Atkore Business System.

Guidance
Atkore is maintaining its full-year Adjusted EBITDA outlook of $375 to $425 million and expects an Adjusted net income per diluted share of $5.75 to $6.85. The company remains focused on achieving these targets despite the current market challenges, underscoring its confidence in performance recovery and operational resilience.

Additional News
Atkore Inc. has seen notable developments in recent weeks. On April 30, 2025, the company announced an increase in its quarterly cash dividend from $0.32 to $0.33 per share, payable on May 28, 2025. Additionally, Atkore has successfully ratified a new five-year labor agreement with the United Steelworkers at its Harvey, Illinois facility, expected to enhance productivity and customer service. Furthermore, Atkore announced the appointment of Scott Teerlinck as President-Commercial Operations, effective April 1, 2025, succeeding Melissa Kidd who will retire in July 2025.