ATI ($ATI) Q3 2024 Earnings Preview

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ATI (NYSE: ATI) has announced that it will be unveiling its third quarter financial results on Tuesday 29th October 2024. This announcement is set to occur before market open, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.

Financial experts on Wall Street anticipate that the company is set to announce an estimated $0.66 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $1.12 billion for this specific period.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $4.43 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $2.45 during the fiscal year.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.55. This notable figure was achieved due to the company's impressive total revenue of $1.03 billion recorded during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.60 +1.7% 1.10 B +4.7%
Q1 2024 $0.48 -2.0% 1.04 B +0.5%
Q4 2023 $0.64 +20.8% 1.06 B +5.3%
Q3 2023 $0.55 +3.8% 1.03 B -0.6%
Q2 2023 $0.59 +9.3% 1.05 B +9.0%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 29th October 2024 at 08:30 AM eastern time to discuss Q3 financial results.

During Friday's trading, ATI (ATI) shares reached a low of $61.21 and a high of $62.46, along with a total volume of 1.18 million shares. The stock ended the regular trading session at $61.38, demonstrating decrease of 0.18 percent.