Advanced Drainage Systems (WMS) Tops Q2 Earnings and Revenue Estimates

Advanced Drainage Systems (WMS) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of$ 1.7 per share. This compares to earnings of $1.7 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +15.88%. A quarter ago, it was expected that this maker of water drainage systems and pipes would post earnings of$ 1.78 per share when it actually produced earnings of $1.95, delivering a surprise of +9.55% ...