Recap: ATI Q1 Earnings

ATI (NYSE:ATI) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM. Here’s what investors…

ATI (NYSE:ATI) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

ATI beat estimated earnings by 2.08%, reporting an EPS of $0.49 versus an estimate of $0.48.

Revenue was up $203.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 3.3% increase in the share price the next day.

Here’s a look at ATI’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.52 0.53 0.37 0.2
EPS Actual 0.53 0.53 0.54 0.4
Revenue Estimate 1.01B 964.83M 842.43M 750.69M
Revenue Actual 1.01B 1.03B 959.50M 834.10M

To track all earnings releases for ATI visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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