The Latest Breaking News from Advanced Drainage Systems

Although US stocks closed lower on Wednesday, there were a few notable insider trades.

Pulled from Benzinga Pro data, Advanced Drainage Systems (NYSE:WMS) posted Q4 earnings of $47.13 million, an increase from Q3 of 36.71%. Sales dropped to $678.19 million, a 5.2% decrease between quarters.

Advanced Drainage Systems (NYSE:WMS) is set to give its latest quarterly earnings report on Thursday, 2022-05-19. Here's what investors need to know before the announcement. Analysts estimate that Advanced Drainage Systems will report an earnings per share (EPS) of $0.66.

Advanced Drainage Systems, Inc. (NYSE:WMS) has acquired Cultec, Inc., a family-owned plastic stormwater and septic chamber company headquartered in Brookfield, Connecticut. Deal terms were not disclosed. "Today, Cultec designs and sells plastic chambers and related products into the stormwater and on-site septic markets. Their products expand ADS' portfolio of solutions, enabling us…

According to Benzinga Pro data Advanced Drainage Systems (NYSE:WMS) posted a 2.42% decrease in earnings from Q2. Sales, however, increased by 1.26% over the previous quarter to $715.36 million.

  Advanced Drainage Systems (NYSE:WMS) reported its Q3 earnings results on Thursday, February 3, 2022 at 06:40 AM. Here's what investors need to know about the announcement.