Advanced Drainage Systems (WMS) Stock

Advanced Drainage Systems is set for growth in the near future, thanks to strong demand in residential and infrastructure markets, even though the non-residential sector faces some difficulties. Growth is expected to speed up when the non-residential market begins to recover, especially with changes in interest rates. Planned price increases and cost-cutting measures should support profit margins, with even better results anticipated as non-residential markets improve.

Artisan Partners, an investment management firm, published its investor letter for the Artisan Small Cap Fund for the third quarter of 2024. You can download the letter here. During this quarter, small cap stocks performed well, especially in July when the Russell 2000 Index had a return of 10.2%.

HILLIARD, Ohio--(BUSINESS WIRE)--The ADS Foundation has made a $5 million deposit in Adelphi Bank, which is a Black-owned bank dedicated to supporting the community.

Advanced Drainage Systems, Inc. (NYSE:WMS) held its Q2 2025 Earnings Call on November 8, 2024, at 10:00 AM ET. The call featured company representatives including Michael Higgins, Scott Barbour, and Scott Cottrill, along with various conference call participants from different financial firms. The operator, Regina, welcomed everyone to the call and introduced the session.

Advanced Drainage Systems (WMS) reported quarterly earnings of $1.70 per share, which is lower than the Zacks Consensus Estimate of $1.93 per share. This is a slight decrease compared to earnings of $1.71 per share from the same period last year.

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a top provider of creative water management solutions for stormwater and septic waste, has announced that its Board of Directors has approved a quarterly cash dividend of $0.16 per share for its shareholders, which is a 14% rise compared to last year's dividend. Scott Barbour, the President and CEO of Advanced Drainage, made the announcement.

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a top provider of creative water management solutions for stormwater and onsite septic wastewater, has released its financial results for the second quarter of the fiscal year ending September 30, 2024. For the second quarter of fiscal 2025, net sales remained steady at $782.6 million, while net income fell by 4.3% to $131.2 million, and net income per diluted share decreased by 2.3% to $1.67.

Lt. Governor Jon Husted attended an event with state and local officials to mark the opening of the world's largest stormwater engineering center. Advanced Drainage Systems, Inc. (ADS) celebrated the launch of its $65 million Engineering and Technology Center, which spans 110,000 square feet. This facility is situated in Hilliard, Ohio, close to the company's headquarters and focuses on innovative water management solutions.

Scott Barbour, the president and CEO of Advanced Drainage Systems, appears on CNBC's 'The Exchange' to talk about the current situation in their storm water management sector, the potential effects of the election on federal backing, and other related topics.