Atkore

Q3 FY2026 EarningsQ3 FY26 results beat consensus on the top-line with revenue of $794.8M vs. $762.2M expected (+4.3%), driven by strong volume growth in the Electrical segment. However, profitability missed expectations significantly due to a $50M PVC litigation settlement, leading to a GAAP EPS of $0.02 vs. $1.10 expected. The company announced a definitive merger agreement to be acquired by Prysmian S.p.A. for $95.00 per share in cash, overshadowing operational variance.