Allegheny Technologies Watchlist

tz-plus logo ATI (Allegheny Technologies) - Aerospace boom drives dynamic revenue and earnings growth!

M. Springman
Reading Time: 1 minute

Business Driver: Allegheny Technologies (ATI) specializes in rolled steel, specialty, and composite materials. The lion's share of its revenue is generated, among other things, from components and high-performance engines for passenger aircraft and military planes, which currently leads to rising revenues and record results due to the aviation boom and increasing defense budgets. On February 3rd, the company surprised with an unexpectedly significant increase from 79 to 93 cents in earnings per share (consensus: 88 cents). In terms of revenue,...

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