Core Insights - ATI Inc. reported first quarter 2025 sales of $1.14 billion, a 10% increase year-over-year, driven by a 23% increase in aerospace and defense sales [5][19] - Net income attributable to ATI for Q1 2025 was $97 million, up 47% from the previous year, with earnings per share of $0.67 compared to $0.46 in Q1 2024 [5][19] - Aerospace and defense sales accounted for 66% of total sales in Q1 2025, reflecting strong demand in these sectors [1][25] Financial Performance - Adjusted EBITDA for Q1 2025 was $194.6 million, representing a 29% increase year-over-year, with adjusted EBITDA as a percentage of sales at 17.0% compared to 14.5% in Q1 2024 [5][19] - The company provided guidance for Q2 2025, expecting adjusted EBITDA between $195 million and $205 million, and full-year adjusted EBITDA between $800 million and $840 million [2][3] - Adjusted earnings per share for Q1 2025 were $0.72, up from $0.48 in Q1 2024 [5][19] Segment Performance - High Performance Materials & Components (HPMC) segment sales were $584.1 million, down 8% sequentially but up 10% year-over-year, with segment EBITDA of $131 million, or 22.4% of sales [9][12] - Advanced Alloys & Solutions (AA&S) segment sales increased to $560.3 million, a 4% increase from Q4 2024 and a 9% increase year-over-year, with segment EBITDA of $83.4 million, or 14.9% of sales [10][13] Market Dynamics - The aerospace and defense market showed robust growth, with jet engine sales at $421.4 million and airframe sales at $205.8 million for Q1 2025 [25] - The company is focusing on strengthening its supply chain to manage market volatility and is committed to sustainable growth in high-performance markets [8][7] Shareholder Returns - The company repurchased $70 million of common stock in Q1 2025, with a remaining authorization of $520 million under its share repurchase program [19][22] - ATI's effective tax rate for Q1 2025 was 17.3%, reflecting discrete tax benefits related to equity compensation [19][23]

Company Performance - Allegheny Technologies (ATI) closed at $53.09, reflecting a +1.22% change from the previous session, outperforming the S&P 500's gain of 0.74% [1] - Over the last month, ATI shares decreased by 0.55%, which is better than the Basic Materials sector's loss of 2.61% and the S&P 500's loss of 4.77% [1] Upcoming Financial Results - The company is set to announce its earnings on May 1, 2025, with an expected EPS of $0.58, representing a 20.83% increase from the prior-year quarter [2] - Revenue is projected to be $1.06 billion, indicating a 1.98% increase compared to the same quarter of the previous year [2] Full Year Projections - For the full year, earnings are projected at $2.88 per share and revenue at $4.58 billion, showing changes of +17.07% and +5.01% respectively from the previous year [3] - Recent adjustments to analyst estimates suggest a positive outlook for the company's business [3] Valuation Metrics - ATI is currently trading at a Forward P/E ratio of 18.18, which is a premium compared to the industry average of 12.82 [6] - The company has a PEG ratio of 0.79, compared to the average PEG ratio of 0.85 for the Steel - Specialty industry [6] Industry Context - The Steel - Specialty industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 237, placing it in the bottom 5% of over 250 industries [7] - The strength of industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Allegheny Technologies (ATI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on M ...

DALLAS, April 23, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced its employees have ratified a new six-year labor agreement with the United Steelworkers (USW). "We are pleased to have reached agreement with the USW for our Specialty Rolled Products employees at our Western Pennsylvania and Lockport, New York, facilities," said Kimberly A. Fields, ATI President and CEO. The new agreement delivers a competitive wage and benefit package to nearly 1,000 represented employees, covering a six-year term throu ...

Allegheny Technologies (ATI) closed the latest trading day at $47.23, indicating a -0.84% change from the previous session's end. This change lagged the S&P 500's 0.17% loss on the day. Meanwhile, the Dow lost 0.39%, and the Nasdaq, a tech-heavy index, lost 0.05%.Heading into today, shares of the maker of steel and specialty metals had lost 7.3% over the past month, lagging the Basic Materials sector's loss of 4.41% and the S&P 500's loss of 3.94% in that time.The upcoming earnings release of Allegheny Tech ...

DALLAS, April 4, 2025 /PRNewswire/ -- ATI (NYSE: ATI) has scheduled the live webcast for its first quarter 2025 earnings conference call on Thursday, May 1, 2025, at 7:30 a.m. CT (8:30 a.m. ET).  First quarter 2025 results are scheduled to be published prior to the call at 6:30 a.m. CT (7:30 a.m. ET).The conference call will be broadcast, and accompanying presentation slides will be available, at ATImaterials.com. To access the broadcast, visit ATImaterials.com and select "Conference Call." Conference call ...

The most recent trading session ended with Allegheny Technologies (ATI) standing at $50, reflecting a -1.88% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.91%. Meanwhile, the Dow lost 1.5%, and the Nasdaq, a tech-heavy index, lost 1.96%.Shares of the maker of steel and specialty metals witnessed a loss of 16.16% over the previous month, trailing the performance of the Basic Materials sector with its loss of 3.32% and the S&P 500's loss of 7.38%.Market partici ...

Group 1 - ATI Inc. experienced a setback as one of the two ratification votes for a labor agreement was unsuccessful, affecting employees in Western Pennsylvania and Lockport, New York [1] - The company and the United Steelworkers (USW) have agreed to extend the expired labor agreement until April 30, 2025, while negotiations continue [1] - ATI has successfully reached an agreement with the USW for Specialty Alloys and Components employees at the Albany, Oregon facility, providing a competitive wage and benefit package from March 1, 2025, to February 28, 2031 [2] Group 2 - ATI is a producer of high-performance materials and solutions for the aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy [3] - The company focuses on solving complex challenges through materials science and aims to deliver extraordinary materials that enhance customer products [3] - ATI emphasizes its commitment to innovation and unique customer partnerships to provide materials and solutions for challenging environments [3]

DALLAS, March 5, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) Executive Vice President and Chief Financial Officer Don Newman will speak at the 2025 JP Morgan Industrials Conference on March 12, 2025 at 3:10 p.m. ET. The link to the fireside chat is available at the News & Events section of www.ATImaterials.com/investors. An audio replay and full transcript of the event will be available following the presentation.ATI: Proven to Perform.ATI (NYSE: ATI) is a producer of high performance materials and solutions ...

Investors in ATI Inc. (ATI) need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 17, 2025 $45.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean the ...