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Allegheny Technologies: Q1 Earnings Insights

 

Allegheny Technologies (NYSE:ATI) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:30 AM.

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

Earnings

Allegheny Technologies beat estimated earnings by 100.0%, reporting an EPS of $0.4 versus an estimate of $0.2.

Revenue was up $141.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 2.0% increase in the share price the next day.

Here's a look at Allegheny Technologies's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.10 -0.02 -0.19 -0.24
EPS Actual 0.25 0.05 -0.12 -0.06
Revenue Estimate 728.66M 668.52M 627.37M 638.31M
Revenue Actual 765.40M 725.70M 616.20M 692.50M

To track all earnings releases for Allegheny Technologies visit their earnings calendar here.

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

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