Allegheny Technologies (ATI) reachead $53.09 at the closing of the latest trading day, reflecting a +1.22% change compared to its last close.
Allegheny Technologies (ATI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Allegheny Technologies (ATI) closed at $47.23, marking a -0.84% move from the previous day.
In the most recent trading session, Allegheny Technologies (ATI) closed at $42.53, indicating a -1.09% shift from the previous trading day.
Allegheny Technologies (ATI) closed the most recent trading day at $50, moving -1.88% from the previous trading session.
Investors need to pay close attention to ATI stock based on the movements in the options market lately.
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ATI's new additive manufacturing facility includes the industry's largest format and most advanced capabilities.
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ATI experienced strong demand for specialty materials, driving a 10.2% year-on-year revenue increase to $1.17 billion in Q4 FY24. Continued healthy demand for the company's material primarily in the A&D end market, and backlog levels should fuel top line growth in the short term. Favorable mix and enhanced productivity should result in margin growth in the quarters ahead.
ATI's earnings and revenues beat estimates in the fourth quarter while also outperforming in the segment-wise results.
ATI Inc (NYSE:ATI ) Q4 2024 Earnings Call Transcript February 4, 2025 8:30 AM ET Company Participants David Weston - Vice President of Investor Relations Kim Fields - President and Chief Executive Officer Don Newman - Senior Vice President, Finance and Chief Financial Officer Conference Call Participants David Strauss - Barclays Seth Seifman - JPMorgan Gautam Khanna - TD Cowen Richard Safran - Seaport Research Partners Phil Gibbs - KeyBanc Capital Markets Andre Madrid - BTIG Timna Tanners - Wolfe Research Scott Deuschle - Deutsche Bank Josh Sullivan - Benchmark Company Operator Hello, everyone. And welcome to the ATI's Fourth Quarter 2024 Earnings Call.