Advanced Drainage Systems (WMS) reported fiscal Q3 adjusted earnings Thursday of $1.09 per share, down from $1.37 a year earlier.
Analysts polled by FactSet expected $1.20.
Net sales for the quarter ended Dec. 31 were $690.5 million, compared with $662.4 million a year earlier.
Analysts polled by FactSet expected $675.4 million.
The company reiterated its 2025 net sales outlook of $2.9 billion to $2.98 billion. Analysts polled by FactSet expect $2.94 billion.
Advanced Drainage shares were 1% higher in premarket trading.
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