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Stock impact report

Electrical Systems Stocks Q4 Earnings: LSI (NASDAQ:LYTS) Firing on All Cylinders [Yahoo! Finance]

Atkore Inc. (ATKR) 
Last atkore inc. earnings: 8/7 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.atkore.com
Company Research Source: Yahoo! Finance
Today, we are looking at electrical systems stocks, starting with LSI (NASDAQ:LYTS). Like many equipment and component manufacturers, electrical systems companies are buoyed by secular trends such as connectivity and industrial automation. More specific pockets of strong demand include Internet of Things (IoT) connectivity and the 5G telecom upgrade cycle, which can benefit companies whose cables and conduits fit those needs. But like the broader industrials sector, these companies are also at the whim of economic cycles. Interest rates, for example, can greatly impact projects that drive demand for these products. The 15 electrical systems stocks we track reported a satisfactory Q4. As a group, revenues beat analysts' consensus estimates by 2.1% while next quarter's revenue guidance was 1.3% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9.8% since the latest earnings results. Best Q4: LSI (NASDAQ:LYTS) Enhancing c Show less Read more
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