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.
