Advanced Drainage Systems Reports Fiscal Q2 2027 Results and Updates Outlook

Advanced Drainage Systems reported fiscal Q2 2027 revenue of $889.4 million, below analyst estimates of $921.8 million, while adjusted EPS of $1.88 topped the $1.81 consensus. The company lowered its fiscal 2027 net sales outlook to $3.30 billion–$3.40 billion, below FactSet’s $3.43 billion estimate. It cited weaker organic sales and higher operating costs as factors affecting performance.