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StocksMediumUpdated×3•Originally published 5 November 2026•Updated 5 November 2026•
1 min read

Advanced Drainage Systems Lowers 2027 Sales Outlook Despite Quarterly Profit

Key Facts

1Advanced Drainage Systems announced financial results for the fiscal second quarter ended September 30, 2026.

Advanced Drainage Systems reported adjusted earnings of $1.88 per share for the fiscal second quarter ended September 30, 2026. The company stated that revenue reached $889.4 million during the period, while it simultaneously lowered its sales outlook for the full fiscal year 2027.

WMS closed at $144.07 on November 4, 2026, having traded between a session low of $137.21 and a high of $144.34. Scott Barbour noted that the performance highlights the company's execution within the stormwater and wastewater industries despite a challenging operating environment.

Latest Updates · 2

  1. Notable·

    Update: The second-quarter revenue of $889.4 million fell short of analyst expectations of $925.7 million. Consequently, Advanced Drainage Systems lowered its full-year fiscal 2027 revenue guidance to a midpoint of $3.35 billion.

  2. Notable·

    Update: Advanced Drainage Systems' Board of Directors approved a quarterly cash dividend of $0.20 per share. This payment represents an 11% increase over the dividend distributed in the prior year.

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