ATI Inc reports results for the quarter ended in December - Earnings Summary

ATI

02/02/2023 14:31

* ATI Inc  ATI.N  reported quarterly adjusted earnings of 53
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of 52 cents per share.
    * Revenue rose 32% to $1.01 billion from a year ago;
analysts
expected $1.01 billion. 
    * ATI Inc's reported EPS for the quarter was 53 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ATI Inc shares had risen by 23.0% this quarter.
    * The company reported quarterly net income of $76.9
million.
    * Wall Street's median 12-month price target for ATI Inc is
$37.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.52           0.53           Beat
 Sep. 30 2022      0.52           0.53           Beat
 Jun. 30 2022      0.37           0.54           Beat
 Mar. 31 2022      0.20           0.42           Beat