02.11.2023 12:45:31 - dpa-AFX: ATI Inc. Q3 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - ATI Inc. (ATI) released a profit for its third
quarter that increased from the same period last year and beat the Street
estimates.

The company's earnings totaled $75.7 million, or $0.52 per share. This compares with $61.1 million, or $0.42 per share, in last year's third quarter.

Excluding items, ATI Inc. reported adjusted earnings of $82.4 million or $0.55
per share for the period.

Analysts on average had expected the company to earn $0.53 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

Revenue came in at $1.03 billion, equal to the mark posted in the same period
last year.

ATI Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $75.7 Mln. vs. $61.1 Mln. last year.
-EPS (Q3): $0.52 vs. $0.42 last year.
-Analyst Estimate: $0.53
-Revenue (Q3): $1.03 Bln vs. $1.03 Bln last year.


Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ATI INC. DL-,01 931083 Frankfurt 58,360 16.05.24 10:11:09 +3,100 +5,61% 56,480 58,720 56,080 55,260

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH