ATI Announces Third Quarter 2019 Results

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Allegheny Technologies (ATI) Tops Q3 EPS by 1c

October 31, 2019 7:19 AM EDT

Allegheny Technologies (NYSE: ATI) reported Q3 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.01 billion.

Strategy and Outlook:

We continue to make progress on driving increased margins in both operating segments and to generate cash and deploy it effectively. We are working proactively with our customers to meet their production schedules while simultaneously capturing execution-driven opportunities to grow our market share, said... More