ATI Inc expected to post earnings of 55  cents a share - Earnings Preview

ATI

31/07/2023 17:41

* ATI Inc  ATI.N   ATI  is expected to show a rise in
quarterly
revenue when it reports  results on August 2. 
    * The Dallas Texas-based  company is expected to report  a
11.1% increase in revenue to $1.066 billion from $959.5 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ATI Inc is for
earnings
of 55 cents per share. The company's EPS guidance on May 4 2023,
for the period ended June 30, was between $0.53 and $0.59 
    * 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
$50​,
above​ its last closing price of $47.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.48        0.48       0.49      Beat    1.5
 Dec. 31 2023  0.52        0.52       0.53      Beat    2.3
 Sep. 30 2022  0.53        0.52       0.53      Beat    1.2​
 Jun. 30 2022  0.37        0.37       0.54      Beat    45
 ​​Mar.        0.21        0.20       0.42      Beat    107.7
 31 2022                                                
 Dec. 31 2021  0.09        0.10       0.25      Beat    156.4​
 Sep. 30 2021  -0.02       -0.02      0.05      Beat    350
 Jun. 30 2021  -0.22       -0.20      -0.12     Beat    39.2
 This summary was machine generated July 31 at 16:41 GMT.  All
figures in US dollars  unless otherwise stated