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ATI's (ATI) Earnings and Revenues Surpass Estimates in Q4
ATIATI(ATI) Zacks Investment Research·2024-02-05 17:16

ATI Inc. (ATI) recorded a fourth-quarter 2023 profit of 145.7millionor99centspershareagainsttheyearagoquarters145.7 million or 99 cents per share against the year-ago quarter's 193 million or 1.30.ATIpostedadjustedearningsof64centspershare,up21.30.ATI posted adjusted earnings of 64 cents per share, up 2% from the year-ago quarter figure of 63 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 62 cents.The company’s net sales in the fourth quarter were 1,064 million, exceeding the Zacks Consensus Estimate of 1,030million.Netsalesincreasedaround51,030 million. Net sales increased around 5% from 1,010.4 million in the prior-year ...