ATI Q3 Adj EPS $0.55 Beats $0.53 Estimate, Sales $1.025B Miss $1.032B Estimate
Portfolio Pulse from Benzinga Newsdesk
ATI reported Q3 adjusted earnings of $0.55 per share, beating the analyst consensus estimate of $0.53 by 3.77%. However, the company's quarterly sales of $1.025 billion missed the analyst consensus estimate of $1.03 billion by 0.68%.
November 02, 2023 | 11:37 am
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NEUTRAL IMPACT
ATI's Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
ATI's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These two factors could offset each other, leading to a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100