ATI Announces Full Year and Fourth Quarter 2018 Results

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Go back to ATI Announces Full Year and Fourth Quarter 2018 Results

Allegheny Technologies (ATI) Misses Q4 EPS by 4c, Revenues Beat

January 22, 2019 7:17 AM EST

Allegheny Technologies (NYSE: ATI) reported Q4 EPS of $0.30, $0.04 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $992.43 million.

Fourth Quarter 2018 Results

Sales were $1.04 billion, 14% higher than Q4 2017HPMC segment sales of $596 million, up 15% versus Q4 2017FRP segment sales of $442 million, up 13% versus Q4 2017Business segment operating profit was $87 million, or 8.4% of salesHPMC segment operating profit was $76 million, or 12.7% of salesFRP segment operating profit was $11 million, or 2.6% of salesNet income attributable to ATI was $41.1... More