NASDAQ:FYT - Nasdaq - US33737M4096 - ETF - Currency: USD
Goodyear Tire sells Chemical business for $650 million to Gemspring Capital, closing expected by late 2025, in line with Forward transformation plan.
Atkore Inc. (NYSE:ATKR) shares are trading higher on Tuesday. On Monday, the company disclosed preliminary results for the second quarter of FY25. The company expects net sales of around $695 million—$705 million (vs. a consensus of $690.8 million) and adjusted EPS of roughly $2.01-$2.08 (vs. a street view of $1.40). Atkore also expects adjusted EBITDA of around $115 million-$118 million for the quarter. Also Read: Atkore Is Poised To Benefit From ‘Electrification Megatrends’: Analyst The prelim
Atkore Inc. (ATKR) expects strong Q2 results, with net sales of $695-$705M, adjusted EPS of $2.01-$2.08, and adjusted EBITDA of $115-$118M. Labor deal and FY25 outlook reiterated. Impairment charge affected quarterly net loss. Stock up 4.46% premarket.
Investors are waiting with bated breath for small caps to turn around this year and cash in on the newly signed tax cuts. So, it is quite likely that they will be eager to know which theme to pick now — growth, value or blend.
January is truly the time to get in on small-cap securities with these weaker-performing ETFs and stocks of 2017, assuming that the historical trend holds true in 2018.
Topping the U.S. Diversified Equity category were small-cap value funds which gained 3.1 percent in June versus the broad category’s 1.2 percent appreciation. That’s pretty good outperformance.