ATI Inc expected to post earnings of 41 cents a share - Earnings Preview

ATI

26/04/2024 14:54

* ATI Inc  ATI.N   ATI  is expected to show a fall in
quarterly
revenue when it reports  results on April 30 for the period
ending March 31 2024
    * The Dallas Texas-based  company is expected to report a
1.0% decrease in revenue to $1.028 billion from $1.04 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for ATI Inc is for earnings
of 41
cents per share. The company's EPS guidance on February 2 2024,
for the period ended March 31, was between $0.36 and $0.44 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ATI Inc is
$55.00​, above​ its last closing price of $49.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.62        0.62       0.64      Beat    3
 Sep. 30 2023  0.53        0.53       0.55      Beat    4.3
 Jun. 30 2023  0.55        0.55       0.59      Beat    7.3​
 Mar. 31 2023  0.48        0.48       0.49      Beat    1.5
 ​​Dec.        0.52        0.52       0.53      Beat    2.3
 31 2022                                                
 Sep. 30 2022  0.53        0.52       0.53      Beat    1.2​
 Jun. 30 2022  0.37        0.37       0.54      Beat    45
 Mar. 31 2022  0.21        0.20       0.42      Beat    107.7
 This summary was machine generated April 26 at 13:54 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)