8/108 sources · 4 publishersUpdated Nov 8, 13:40 UTC
Advanced Drainage Systems cuts FY27 revenue outlook and sees lower residential demand
Advanced Drainage Systems reported Q2 net sales of $889.4 million, a 4.6% increase, but diluted EPS fell 11.0% to $1.77. The company lowered its fiscal 2027 revenue guidance to a range of $3.3 billion‑$3.4 billion and trimmed full‑year EBITDA guidance. Management cited softer residential demand, higher interest rates and lower-than‑expected material‑cost inflation, while noting the StormTrap acquisition will close in Q4 2026.
Why it matters
DA Davidson cut its price target for WMS to $180 from $190, reflecting the weaker revenue outlook. The reduced guidance may pressure the stock and affect investors’ valuation assumptions.
Key facts
- 1Q2 net sales were $889.4 million, up 4.6% tradingview.com
- 2Diluted EPS was $1.77, down 11.0% tradingview.com
- 3Adjusted EPS was $1.88 per share finance.yahoo.com
- 4Fiscal 2027 sales outlook was cut to $3.3 billion‑$3.4 billion tradingview.com
- 5Full‑year EBITDA guidance was $1.000 billion‑$1.030 billion tradingview.com
- 6Full‑year EBITDA guidance was $1.02 billion finance.yahoo.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.