In the latest trading session, Allegheny Technologies (ATI) closed at $63.84, marking a -1.3% move from the previous day. This change lagged the S&P 500's 0.19% loss on the day. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.36%.The the stock of maker of steel and specialty metals has fallen by 0.71% in the past month, lagging the Basic Materials sector's gain of 2.2% and the S&P 500's gain of 2.06%.The investment community will be closely monitoring ...

It has been about a month since the last earnings report for Allegheny Technologies (ATI) . Shares have added about 0.7% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Allegheny Technologies due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. ATI’s Q2 Earnings Beat, ...

DALLAS, Sept. 4, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) President and Chief Executive Officer Kim Fields and Executive Vice President and Chief Financial Officer Don Newman will speak at the Morgan Stanley 12th Annual Laguna Conference in Dana Point, California on September 11, 2024, at 3:15 p.m. ET. The event will be webcast live. For a link, go to the News & Events section of www.ATImaterials.com/investors. An audio replay and full transcript of the event will be available following the presentation.AT ...

ATI Inc. (ATI) stated that its board of directors has authorized the repurchase of up to $700 million in outstanding common shares, which the company anticipates would support a multi-year share buyback program. Repurchases under the program can be made on the open market or in privately negotiated deals, with the amount and timing of buybacks determined by market circumstances and corporate needs. The stock repurchase program does not require the company to buy back a certain number of shares, and ATI’s bo ...

PITTSBURGH, Sept. 3, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced that its Board of Directors has authorized the repurchase of up to $700 million of its outstanding common stock, which the Company currently expects will support a multi-year share repurchase program. Repurchases under the program may be made in the open market or in privately negotiated transactions, with the amount and timing of repurchases depending on market conditions and corporate needs. Open market repurchases will be structured ...

ATI Inc. (ATI) recorded a profit of $81.9 million or 58 cents per share in the second quarter of 2024 compared with the year-ago quarter's profit of $90.4 million or 62 cents.ATI posted adjusted earnings of 60 cents, down 13% from the year-ago quarter’s figure of 69 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 58 cents.The company’s net sales in the first quarter were $1,095.3 million, missing the Zacks Consensus Estimate of $1,104 million. Net sales were up around 5% year over year. AT ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.10 ATI New York Stock Exchange Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commis ...

For the quarter ended June 2024, Allegheny Technologies (ATI) reported revenue of $1.1 billion, up 4.7% over the same period last year. EPS came in at $0.60, compared to $0.59 in the year-ago quarter.The reported revenue represents a surprise of -0.79% over the Zacks Consensus Estimate of $1.1 billion. With the consensus EPS estimate being $0.58, the EPS surprise was +3.45%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Allegheny Technologies (ATI) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that this maker of steel and specialty metals would post earnings of $0.41 per share when it actually produced earnings of $0.48, delivering a surprise of 17.07%.Over the ...

NEWS RELEASE | --- | --- | |-------------------------------|-------| | | | | | | | Investor Contact: | | | David Weston | | | 412-394-2908 | | | david.weston@ATImaterials.com | | | --- | --- | |------------------------------------|-------| | | | | Media Contact: Natalie Gillespie | | | 412-394-2850 | | | natalie.gillespie@ATImaterials.com | | ATI Inc. Corporate Headquarters 2021 McKinney Avenue Dallas, TX 75201 U.S.A. www.ATImaterials.com ATI Announces Second Quarter 2024 Results Strong performance in Aeros ...