Earnings Alerts

Allegheny Technologies (ATI) Earnings Surpass Expectations: Q4 Adjusted EPS at 79c Against 60c Estimate

By February 4, 2025 No Comments
  • ATI Inc’s adjusted earnings per share (EPS) for the fourth quarter was 79 cents, surpassing the estimated 60 cents.
  • The company’s sales reached $1.17 billion, exceeding the expected $1.08 billion.
  • High Performance Materials & Components net sales came in at $634.2 million, higher than the projected $579.4 million.
  • Advanced Alloys & Solutions sales were reported at $538.5 million, surpassing the estimate of $489.2 million.
  • Adjusted EBITDA amounted to $209.8 million, compared to the estimate of $185 million.
  • For the full year, adjusted EBITDA was $729 million, marking a 15% increase from 2023, attributed to strong demand.
  • Analyst ratings include 10 buy recommendations, 2 hold recommendations, and no sell recommendations.

Allegheny Technologies on Smartkarma

Allegheny Technologies Incorporated (ATI) has garnered attention from analysts on Smartkarma, a platform where independent analysts share research insights. Baptista Research, a prominent provider on Smartkarma, recently published two reports highlighting ATI’s performance and growth prospects.

In the report “ATI Inc. Has Sustained Aerospace & Defense Revenue But Will This Last? – Major Drivers,” Baptista Research delves into ATI’s third-quarter 2024 results, noting both positive aspects and challenges. Despite meeting or exceeding expectations in segment-adjusted EBITDA margins, ATI fell short of its financial guidance due to market dynamics and operational hurdles. On the other hand, in “Allegheny Technologies: Initiation Of Coverage – Titanium and High-Performance Materials Expansion & Other Major Drivers,” Baptista Research outlines ATI’s robust second-quarter 2024 earnings and positive guidance updates. The report evaluates ATI’s strengths and areas for improvement, aiming to provide an independent valuation using a Discounted Cash Flow methodology.


A look at Allegheny Technologies Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Allegheny Technologies, Inc. holds a mixed bag of Smart Scores, indicating a varied outlook for the company. With a solid score in Growth and Value, the company shows promise for long-term development and seems to be trading at a reasonable value. However, the low Dividend score suggests that the company may not be a top choice for income investors seeking steady payouts. The Resilience score raises some concerns about the company’s ability to weather economic downturns, while the Momentum score implies a moderate level of investor confidence in the company’s current performance.

Specializing in a range of specialty materials, Allegheny Technologies, Inc. is a key player in the production of various alloys and materials essential for numerous industries. With a diverse product portfolio that includes titanium alloys, superalloys, stainless steel, and cutting tools, the company caters to a wide array of sectors requiring high-quality materials. This diversified approach may bode well for the company’s long-term success and growth potential, despite some mixed signals from the Smart Scores.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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