ATI Announces First Quarter 2021 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. ANT
3. META
4. SPY
5. CART
6. GMAB
7. FFAI
8. INTC
9. TSLA
10. FFR

Go back to ATI Announces First Quarter 2021 Results

Allegheny Technologies (ATI) Tops Q1 EPS by 18c, Revenues Beat

April 29, 2021 7:32 AM EDT

Allegheny Technologies (NYSE: ATI) reported Q1 EPS of ($0.06), $0.18 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $692.5 million versus the consensus estimate of $638.31 million.

"Our first quarter financial results exceeded expectations, benefiting from the ongoing modest recovery in jet engine production, our aggressive 2020 cost cutting actions and a strong tailwind from nickel and other raw material prices," said Robert S. Wetherbee, President and CEO. "Despite our expected seasonal cash burn, our strong... More