Allegheny Technologies (ATI) Misses Q3 EPS by 3c

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ATI Announces Third Quarter 2017 Results

October 24, 2017 7:30 AM EDT

Sales were $869 million High Performance Materials & Components sales of $513 million, increased 11% versus prior year, down 3% versus Q2 2017 Flat Rolled Products sales of $356 million, up 15% versus prior year, consistent with Q2 2017 Business segment operating profit was $54.4 million, or 6% of sales HPMC segment operating profit was $61.7 million, or 12% of sales FRP segment operating loss was $7.3 million, or 2% of sales FRP results adversely affected by out-of-phase raw material surcharges Net loss... More