ATI Q2 2024 Adj. EPS $0.60 Beats $0.58 Estimate, Sales $1.095B Miss $1.111B Estimate
Portfolio Pulse from Benzinga Newsdesk
ATI (NYSE:ATI) reported Q2 2024 adjusted EPS of $0.60, beating the analyst estimate of $0.58. However, sales of $1.095 billion missed the $1.111 billion estimate. Sales increased by 4.68% year-over-year.
August 06, 2024 | 11:32 am
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ATI reported Q2 2024 adjusted EPS of $0.60, beating the analyst estimate of $0.58. However, sales of $1.095 billion missed the $1.111 billion estimate. Sales increased by 4.68% year-over-year.
While ATI's EPS beat expectations, the miss on sales figures could create mixed reactions in the market. The year-over-year sales growth of 4.68% is a positive sign, but the shortfall in meeting sales estimates may temper investor enthusiasm.
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IMPORTANCE 80
RELEVANCE 100