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Stock impact report

ATI's Q2 Earnings Surpass Estimates, Revenues Fall Short [Yahoo! Finance]

Allegheny Technologies Incorporated (ATI) 
Last allegheny technologies incorporated earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.atimetals.com
Company Research Source: Yahoo! Finance
ATI posted adjusted earnings of 59 cents per share, up 9% from the year-ago quarter figure of 54 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 55 cents. The company's net sales in the second quarter were $1,046 million, which marginally lagged the Zacks Consensus Estimate of $1,046.3 million. Net sales increased around 9% from $959.5 million in the prior-year quarter. ATI's second-quarter results faced challenges with lower deliveries of nickel-based alloys and precision rolled strip products. Despite this, the company found support in increased margins from its High-Performance Materials & Components segment, which helped offset some of the impact. ATI Inc. Price, Consensus and EPS Surprise ATI Inc. price-consensus-eps-surprise-chart | ATI Inc. Quote Segment Highlights High Performance Materials & Components (HPMC) recorded sales of $527.1 million in the second quarter, representing a 33% increase compared to sales of $396.1 million in the year-ago qu Show less Read more
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