Advanced Drainage Systems Q1 Adjusted EPS USD 2.49 Vs. IBES Estimate USD 2.11

Aug. 6 (Reuters) - Advanced Drainage Systems reported Q1 operating income of USD 254.548 million.

• Q1 sales: USD 1,001.112 million vs. IBES estimate of USD 991 million
• Q1 net income: USD 170.915 million
• Q1 adjusted EBITDA: USD 358.3 million vs. IBES estimate of USD 311.7 million
• Q1 EPS: USD 2.26
• Q1 adjusted EPS: USD 2.49 vs. IBES estimate of USD 2.11
• FY adjusted EBITDA outlook: USD 1,000-1,050 million vs. IBES estimate of USD 1,022 million
• FY sales outlook: USD 3,350-3,550 million vs. IBES estimate of USD 3,453 million
• FY capex outlook: USD 200 million