Why Allegheny Technologies (ATI) Could Beat Earnings Estimates Again

Core Insights - Allegheny Technologies (ATI) has consistently beaten earnings estimates, particularly in the last two quarters with an average surprise of 27.90% [1] - The company reported earnings of $0.72 per share against a consensus estimate of $0.58, resulting in a surprise of 24.14% for the last quarter [2] - For the previous quarter, ATI's earnings were $0.79 per share compared to an expected $0.60, delivering a surprise of 31.67% [2] Earnings Estimates and Predictions - Recent estimates for Allegheny Technologies have been increasing, indicating positive sentiment among analysts [5] - The Zacks Earnings ESP for the company is currently positive at +3.38%, suggesting a strong potential for an earnings beat [8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] Zacks Rank and Earnings Release - Allegheny Technologies holds a Zacks Rank of 2 (Buy), which, combined with its positive Earnings ESP, indicates a high likelihood of another earnings beat [8] - The next earnings report for the company is anticipated to be released on July 31, 2025 [8]