Allegheny Technologies (ATI) PT Raised to $35 at Cowen, Sees Re-Rating

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Go back to Allegheny Technologies (ATI) PT Raised to $35 at Cowen, Sees Re-Rating

ATI Announces Fourth Quarter and Full Year 2017 Results

January 23, 2018 7:30 AM EST

Fourth Quarter 2017 Results

Sales were $910 million, 14% higher than Q4 2016 High Performance Materials & Components sales of $518 million, increased 9% versus prior year Flat Rolled Products sales of $392 million, up 23% versus prior year Business segment operating profit was $88.2 million, or 10% of sales HPMC segment operating profit was $65.8 million, or 12.7% of sales FRP segment operating profit was $22.4 million, or 5.7% of sales Net income attributable to ATI was $1.7 million, or $0.01 per share Adjusted net... More