ATI Inc expected to post earnings of 52cents a share - Earnings Preview

ATI

31/10/2022 18:32

* ATI Inc  ATI.N   ATI  is expected to show a rise in
quarterly
revenue when it reports  results on November 2. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 29.9% increase in revenue to $942.714 million from $725.7
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ATI Inc is for
earnings
of 52 cents per share. The company's EPS guidance on August 4
2022, for the period ended September 30, was between USD0.5 and
USD0.58 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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
$37​,
above​ its last closing price of $29.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.37        0.37       0.54      Beat    45
 Mar. 31 2022  0.21        0.20       0.42      Beat    107.7
 Dec. 31 2021  0.09        0.10       0.25      Beat    156.4​
 Sep. 30 2021  -0.02       -0.02      0.05      Beat    350
 ​​Jun.        -0.22       -0.20      -0.12     Beat    39.2
 30 2021                                                
 Mar. 31 2021  -0.24       -0.24      -0.06     Beat    75.3​
 Dec. 31 2020  -0.36       -0.36      -0.33     Beat    7.6
 Sep. 30 2020  -0.58       -0.60      -0.38     Beat    36.4
 This summary was machine generated October 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated