ATI Q2 Adj EPS $0.59 Beats $0.55 Estimate, Sales $1.046B Miss $1.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
ATI reported Q2 adjusted earnings of $0.59 per share, beating the analyst consensus estimate of $0.55 by 7.27%. However, the company's quarterly sales of $1.046 billion missed the analyst consensus estimate of $1.05 billion by 0.38%. Both earnings and sales increased compared to the same period last year.
August 04, 2023 | 11:01 am
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ATI's Q2 earnings beat estimates, but sales fell short. This mixed result could lead to uncertainty in the market.
ATI's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results could lead to uncertainty in the market, potentially impacting the stock's short-term performance.
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RELEVANCE 100