Investors are preparing for a potential downturn as Atkore is set to release its quarterly results on November 20th.
Market projections indicate significant financial deterioration, with the electrical products manufacturer facing challenging year-over-year comparisons.
Analysts expect a 46.5% plunge in earnings per share to $1.30 and a 6.3% contraction in revenue to $738.9 million compared to the same quarter last year.
These figures suggest comprehensive pressure on Atkore's business operations.
Author's summary: Atkore's earnings report may show significant decline.