Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
ATI (ATI)
NYSE:ATI
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.6Last Year’s EPS
0.48Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: 5.31%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance with record revenue growth, significant free cash flow improvements, and robust demand in aerospace and defense markets. However, there were concerns about declining margins in certain segments and potential impacts from tariffs and revenue mix issues. Overall, the positive highlights outweigh the lowlights.Company Guidance
During ATI's fourth quarter 2024 earnings call, the company provided robust financial guidance, highlighting a 12% sequential increase in quarterly revenue to $1.2 billion and adjusted EBITDA reaching $210 million, exceeding their guided range of $181 million to $191 million. For the full year, ATI reported nearly $4.4 billion in revenue—its highest since 2012—marking a 5% year-over-year increase. They also achieved an adjusted EBITDA of $729 million with margins nearing 17%. Free cash flow for 2024 was reported at $248 million, up over 50% from the previous year. For 2025, ATI forecasted adjusted EBITDA to surpass $800 million, anticipating growth driven by strong aerospace and defense demand, as well as increased production capacity, notably in isothermal forgings and differentiated nickel products. The company also outlined expectations for a 50% increase in sales from the GTF engine overhaul program and projected 2025 free cash flow between $240 million and $360 million, with capital investment set at $260 million to $280 million.Record Revenue Growth
Revenue for the fourth quarter increased by 12% sequentially to $1.2 billion, with full-year 2024 revenue reaching nearly $4.4 billion, the highest since 2012 and up 5% year-over-year.
Strong Adjusted EBITDA Performance
Adjusted EBITDA for the fourth quarter was $210 million, surpassing the guided range of $181 million to $191 million. Full-year adjusted EBITDA was $729 million with margins approaching 17%.
Significant Free Cash Flow Increase
Free cash flow for 2024 was $248 million, marking an increase of over 50% compared to the previous year.
Growth in Aerospace and Defense Segments
Aerospace and defense revenue constituted more than 62% of the full-year revenue, with defense revenues up 22% year-over-year to $490 million.
Operational Improvements and AI Integration
The company has made significant investments in equipment reliability and AI technology, leading to record levels of production and operational efficiency.
Customer Commitments and Market Expansion
Announced $4 billion in new sales commitments, with expectations for increased defense spending potentially benefiting ATI's materials.
---
ATI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ATI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | $57.96 | $63.72 | +9.94% |
| Oct 29, 2024 | $63.22 | $56.82 | -10.12% |
| Aug 06, 2024 | $60.97 | $59.86 | -1.82% |
| Apr 30, 2024 | $51.90 | $59.70 | +15.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does ATI (ATI) report earnings?
ATI (ATI) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is ATI (ATI) earnings time?
ATI (ATI) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATI EPS forecast?
ATI EPS forecast for the fiscal quarter 2025 (Q1) is 0.6.
---