Allegheny Technologies: Q2 Earnings Snapshot
By AP News
Published - Aug 06, 2024, 10:58 AM ET
Last Updated - Aug 06, 2024, 10:58 AM EDT
DALLAS (AP) — DALLAS (AP) — Allegheny Technologies Inc. (ATI) on Tuesday reported second-quarter earnings of $81.9 million.
On a per-share basis, the Dallas-based company said it had net income of 58 cents. Earnings, adjusted for one-time gains and costs, were 60 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The maker of steel and specialty metals posted revenue of $1.1 billion in the period, which met Street forecasts.
