Atkore

Q3 FY2026 EarningsQ3 FY26 results were highlighted by a major acquisition agreement with Prysmian at $95.00/share and robust top-line performance, with revenue of $794.8M beating the $762.2M consensus. Adjusted EPS of $1.92 significantly exceeded the $1.54 consensus, driven by strong organic volume growth in the Electrical segment (+10.9% YoY). However, GAAP Net Income was severely impacted by a $50M litigation settlement, resulting in a GAAP EPS of $0.02, missing the $1.10 expectation. Free Cash Flow was deeply negative at -$130.7M due to settlement accruals and working capital shifts.