ATI Inc expected to post earnings of 53  cents a share - Earnings Preview

ATI

31/10/2023 18:47

* ATI Inc  ATI.N   ATI  is expected to show a rise in
quarterly
revenue when it reports  results on November 2. 
    * The Dallas Texas-based  company is expected to report  a
0.0% increase in revenue to $1.032 billion from $1.03 billion 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 53 cents per share. The company's EPS guidance on August 2
2023, for the period ended September 30, was between $0.51 and
$0.57 
    * 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
$51.5​, above​ its last closing price of $37.67. ​​​

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 2023  0.55        0.55       0.59      Beat    7.3
 Mar. 31 2023  0.48        0.48       0.49      Beat    1.5
 Dec. 31 2022  0.52        0.52       0.53      Beat    2.3​
 Sep. 30 2022  0.53        0.52       0.53      Beat    1.2
 ​​Jun.        0.37        0.37       0.54      Beat    45
 30 2022                                                
 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
 This summary was machine generated October 31 at 18:46 GMT.  All
figures in US dollars  unless otherwise stated