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ATI names Netta Washington to Lead HPMC Segment
Prnewswire· 2024-05-03 02:00
Experienced leader with track record of increasing operational performanceDALLAS, May 2, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announces that Netta Washington has joined as Executive Vice President, leading the company's High Performance Materials and Components (HPMC) segment. Washington will guide the strategy and performance of the businesses within HPMC, helping to continue building the synergies and optimizing the supply chain between these strong businesses. Washington will be based at ATI's Dalla ...
ATI's (ATI) Earnings and Revenues Surpass Estimates in Q1
Zacks Investment Research· 2024-05-02 00:25
ATI Inc. (ATI) recorded a profit of $66.1 million or 46 cents per share in first-quarter 2024 compared with the year-ago quarter's $84.5 million or 58 cents.ATI posted adjusted earnings of 48 cents per share, down 19% from the year-ago quarter’s figure of 59 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 41 cents.The company’s net sales in the first quarter were $1,042.9 million, exceeding the Zacks Consensus Estimate of $1,011.7 million. Net sales remained flat year over year. ATI saw st ...
ATI(ATI) - 2024 Q1 - Earnings Call Transcript
2024-05-01 02:48
财务数据和关键指标变化 - 公司第一季度调整后每股收益超出预期,达到0.48美元 [8] - 收入连续第七个季度超过10亿美元 [8] - 先进合金与解决方案(AA&S)分部实现14%的EBITDA利润率,实现了两位数的环比增长 [8] - 高性能材料与部件(HPMC)分部由于去年四季度的熔炉停产影响,销售和利润率有所下降 [9] - 公司现金流表现大幅改善,一季度经营活动现金流用量同比减少1.86亿美元 [33][34] - 公司完成了1.5亿美元的股票回购计划 [33] 各条业务线数据和关键指标变化 - AA&S分部电子和医疗市场实现两位数环比增长,航空航天和国防市场销售也保持强劲 [8] - HPMC分部由于去年四季度的熔炉停产影响,一季度销售和利润率有所下降,但已经完全消化了这一影响 [9] - HPMC分部的锻造业务连续两个季度创下历史最高收入纪录 [10] 各个市场数据和关键指标变化 - 航空航天和国防市场以及类航空航天市场的销售占比略有下降,但仍保持在75%以上的高水平 [11][12] - 公司预计未来几个季度航空航天和国防市场的销售占比将恢复到65%的目标水平 [11][12] - 工业市场需求在2023年下半年有望恢复 [36][37] 公司战略和发展方向及行业竞争 - 公司在各主要客户和项目上的市场地位更加广泛和多元化,覆盖了所有主要商用飞机和发动机项目 [12][13] - 公司正在积极应对波音737 MAX产量下降的影响,通过其他市场和项目的强劲需求来抵消这一影响 [18][19] - 公司正在加大对新产能和生产效率的投资,包括新的12500吨铸坯压机、第四台等温锻造压机以及扩大超声波检测能力等 [27][28][29] - 公司正在与客户密切合作,帮助他们解决供应链瓶颈,提高产品质量和交付能力 [29] 管理层对经营环境和未来前景的评论 - 公司对航空航天和国防市场的强劲需求保持乐观,预计未来几年内将保持强劲增长 [51][52] - 公司在核心市场上的广泛客户和应用基础,以及卓越的生产能力和运营效率,为未来发展奠定了坚实基础 [51][52] - 公司有信心完成2025年的财务目标,并将在2024年下半年实现强劲的收益和现金流增长 [14][44][45] 问答环节重要的提问和回答 问题1 **Michael Leshock 提问** 波音737 MAX产量下降对公司的影响有多大,以及公司有哪些应对措施 [58][59][60][61] **Kimberly Fields 回答** - 737 MAX产量下降对公司影响很小,因为其他市场如宽体机和发动机项目的强劲需求可以完全抵消 [59][60][61] - 公司正在积极与客户合作,确保在737 MAX产量恢复之前能够保持良好的订单和交付 [59][60][61] 问题2 **David Strauss 提问** 公司调高2024年每股收益指引的主要原因是什么,是否主要来自于股票回购导致的每股收益提升 [81][82][83] **Don Newman 回答** - 主要原因是一季度业绩超预期,以及公司在核心航空航天和国防市场的强劲需求,以及产能瓶颈的缓解 [82][83] - 股票回购对每股收益的提升只是其中一个因素,公司业务的整体改善是主要原因 [82][83]
Why ATI Stock Is Flying High Today
The Motley Fool· 2024-05-01 02:34
A solid quarter is alleviating some of the concern surrounding this aerospace stock.Material sciences specialist ATI (ATI 16.42%) reported a strong first quarter, and its guidance implies that issues at Boeing are not softening demand for its products. Investors are relieved, sending ATI shares up 17% as of 2 p.m. ET.Steady results in a tough environmentATI makes high-performance materials for the aerospace, defense, healthcare, and energy markets. It is best known for the composite fibers used to replace h ...
ATI(ATI) - 2024 Q1 - Quarterly Report
2024-05-01 01:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.10 ATI New York Stock Exchange Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commi ...
Compared to Estimates, Allegheny Technologies (ATI) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-30 23:31
Allegheny Technologies (ATI) reported $1.04 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.5%. EPS of $0.48 for the same period compares to $0.49 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of +3.09%. The company delivered an EPS surprise of +17.07%, with the consensus EPS estimate being $0.41.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...
Allegheny Technologies (ATI) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-30 21:41
Allegheny Technologies (ATI) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.07%. A quarter ago, it was expected that this maker of steel and specialty metals would post earnings of $0.62 per share when it actually produced earnings of $0.64, delivering a surprise of 3.23%.Over the ...
ATI(ATI) - 2024 Q1 - Quarterly Results
2024-04-30 19:34
NEWS RELEASE | --- | |-------------------------------| | | | | | Investor Contact: | | David Weston | | 412-394-2908 | | david.weston@ATImaterials.com | | --- | --- | |------------------------------------|-------| | | | | Media Contact: Natalie Gillespie | | | 412-394-2850 | | | natalie.gillespie@ATImaterials.com | | ATI Inc. Corporate Headquarters 2021 McKinney Avenue Dallas, TX 75201 U.S.A. www.ATImaterials.com ATI Announces First Quarter 2024 Results Continued strong year-over-year revenue growth in aero ...
Should You Buy ATI (ATI) Ahead of Earnings?
Zacks Investment Research· 2024-04-26 21:51
ATI公司财报预期 - 分析师们对ATI公司进行了积极的盈利预期修订[1][2] - 目前,ATI公司当前季度的最准确估计值高于Zacks Consensus Estimate,显示分析师们最近提高了对ATI的预期[3] - 公司的Zacks Earnings ESP为+1.54%,显示出积极的盈利预期[3] - 公司的Zacks Rank为3,加上正面的ESP,投资者可能会考虑在发布财报前考虑购买该股票[5]
Allegheny Technologies (ATI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Zacks Investment Research· 2024-04-23 23:07
分析报告 - Allegheny Technologies (ATI) 预计在2024年3月报告的季度中,盈利将同比下降,收入也将减少[1] - 分析师们对公司未来盈利前景持乐观态度,预计每股收益为0.41美元,同比下降16.3%[4] - 过去30天内,分析师们对本季度的每股收益预期进行了0.74%的上调[5] 预测模型 - Zacks Earnings ESP模型比较了最准确的预估值和Zacks共识预估值,预测实际盈利与共识预估值的偏差[8] - Allegheny Technologies的最准确预估值高于Zacks共识预估值,显示分析师们对公司盈利前景持乐观态度,预计将超过共识每股收益预期[12] - 过去四个季度,Allegheny Technologies四次超过共识每股收益预期[14] 投资决策 - 盈利超出预期或未达预期并非股价上涨或下跌的唯一依据,其他因素也会影响投资者的决策[15] - 分析公司的Earnings ESP和Zacks Rank有助于在季度报告前确定买入或卖出的最佳股票[16] - Allegheny Technologies可能是一个有望超过盈利预期的候选股票,但投资者应该关注其他因素以决定是否投资[17]