ATS (ATS) Q2 Earnings and Revenues Beat Estimates

Core Insights - ATS reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.31 per share, and showing an increase from $0.18 per share a year ago, resulting in an earnings surprise of +6.45% [1] - The company achieved revenues of $528.99 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.80% and up from $449.21 million year-over-year [2] Financial Performance - Over the last four quarters, ATS has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $525.15 million, and for the current fiscal year, it is $1.30 on revenues of $2.12 billion [7] Market Position - ATS shares have underperformed the market, losing about 12.3% since the beginning of the year, while the S&P 500 has gained 15.1% [3] - The Zacks Industry Rank for Manufacturing - General Industrial is currently in the bottom 42% of over 250 Zacks industries, indicating potential challenges for ATS [8] Future Outlook - The sustainability of ATS's stock price movement will depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The estimate revisions trend for ATS was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]