ATI's (ATI) Earnings and Revenues Surpass Estimates in Q1

ATI Inc. (ATI) recorded a profit of $66.1 million or 46 cents per share in first-quarter 2024 compared with the year-ago quarter's$84.5 million or 58 cents.ATI posted adjusted earnings of 48 cents per share, down 19% from the year-ago quarter’s figure of 59 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 41 cents.The company’s net sales in the first quarter were $1,042.9 million, exceeding the Zacks Consensus Estimate of$1,011.7 million. Net sales remained flat year over year. ATI saw st ...