Allegheny Technologies (ATI) Tops Q1 EPS by 1c

Allegheny Technologies (NYSE: ATI) reported Q1 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.01 billion.

\"We\'re strategically investing—with disciplined capital allocation—to ensure we have the capabilities and capacity needed to meet unprecedented demand,\" said Wetherbee. \"Our deliberate actions to transform give us resilience against potential headwinds, reducing the impact of volatility on our business. We expect ongoing strength in our key markets to drive profitable revenue growth,\" he said. \"With another quarter of solid performance, we remain on track toward our long-term targets, delivering for our customers, our shareholders, and our team.\"For earnings history and earnings-related data on Allegheny Technologies (ATI) click here.

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