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

ATI

02/11/2022 13:32

* ATI Inc  ATI.N  reported quarterly adjusted earnings of 53
cents​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 52 cents per share.
    * Revenue rose 42.2% to $1.03 billion from a year ago;
analysts
expected $942.71 million. 
    * ATI Inc's reported EPS for the quarter was 42 cents​.
    * The mean earnings estimate of analysts had risen by
about 47.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * ATI Inc shares had risen by 16.8% this quarter and
gained 95.2%
so far this year.
    * The company reported quarterly net income of $61.1
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 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.52           0.53           Beat
 Jun. 30 2022      0.37           0.54           Beat
 Mar. 31 2022      0.20           0.42           Beat
 Dec. 31 2021      0.10           0.25           Beat