NYSE$ATI
ATI Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
ATI reported mixed results for Q1 2020 amidst COVID-19 impact, with sales decreasing but operating profit increasing.
Allegheny Technologies Incorporated reported a decrease in sales to $956 million, but an increase in business segment operating profit to $81.2 million. Net income attributable to ATI was $21.1 million, or $0.16 per share. The company withdrew its full-year 2020 guidance due to the uncertain impact of COVID-19.
- Sales decreased by 5% compared to Q1 2019 but were in line with the previous year excluding divestitures.
- Business segment operating profit increased by 32% year-over-year, reaching $81.2 million.
- Cash on hand was $639 million, with managed working capital percentage of sales in line with the previous year.
- Net income attributable to ATI was $21.1 million, or $0.16 per share, with adjusted net income at $26.6 million, or $0.20 per share.
Headline financials
Revenue & EPS history
ATI · Revenue · Quarterly
$956M
Revenue by segment
ATI · $420M total across 1 segment · Q1 2020
- HPMC$420M-15.4%100.0%
Forward guidance
Due to current market uncertainty, the Company is withdrawing its full year 2020 guidance, but will provide additional information regarding its 2020 outlook on the first quarter earnings call.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+2.5%
Avg return
Earnings day
+5.3%
Avg return
5 days after
+9.2%
Avg return
30 days after
60%
43 / 72 earnings
Positive
+28.8%
Q4 2016
Best reaction
-19.8%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +6.7% | +6.2% | +19.8% | |
| Q4 2025 | +4.3% | +9.7% | +26.6% | |
| Q3 2025 | +7.1% | +7.9% | +9.4% | |
| Q1 2025 | +14.5% | +26.5% | +46.5% | |
| Q4 2024 | +9.9% | +8.3% | -1.2% | |
| Q3 2024 | -14.3% | -15.5% | -4.9% | |
| Q2 2024 | -2.6% | +2.2% | -1.7% | |
| Q1 2024 | +13.4% | +12.1% | +17.9% | |
| Q4 2023 | -4.2% | -4.5% | +20.5% | |
| Q3 2023 | +11.7% | +13.9% | +15.3% | |
| Q2 2023 | -5.9% | -5.1% | -1.7% | |
| Q1 2023 | -3.1% | -0.7% | +2.1% | |
| Q4 2022 | +9.1% | +8.4% | +16.4% | |
| Q3 2022 | -12.1% | -6.5% | +0.1% | |
| Q2 2022 | +14.5% | +17.3% | +17.3% | |
| Q1 2022 | -4.7% | -8.3% | -2.1% | |
| Q4 2021 | +19.4% | +22.0% | +38.5% | |
| Q3 2021 | +7.8% | +8.6% | +1.5% | |
| Q2 2021 | -6.3% | -1.3% | -8.7% | |
| Q1 2021 | -3.2% | -2.0% | +1.9% | |
| Q4 2020 | -6.5% | +0.1% | +8.0% | |
| Q3 2020 | +11.4% | +21.2% | +72.8% | |
| Q2 2020 | +3.6% | +2.9% | -1.0% | |
| Q1 2020 | +3.9% | +15.1% | +54.0% | |
| Q4 2019 | +13.5% | +14.1% | -4.8% | |
| Q3 2019 | +16.0% | +18.9% | +20.2% | |
| Q2 2019 | -6.7% | -9.0% | -26.9% | |
| Q1 2019 | -4.9% | -2.3% | -14.5% | |
| Q4 2018 | +3.8% | +4.6% | +12.6% | |
| Q3 2018 | -6.7% | -5.8% | -2.8% | |
| Q2 2018 | +6.6% | +5.1% | -4.0% | |
| Q1 2018 | +4.5% | +4.2% | +8.6% | |
| Q4 2017 | +2.0% | +1.1% | -5.5% | |
| Q3 2017 | +2.8% | +3.8% | -6.1% | |
| Q2 2017 | +9.3% | +10.4% | +21.2% | |
| Q1 2017 | +4.7% | +1.4% | -11.2% | |
| Q4 2016 | +28.8% | +28.5% | +13.5% | |
| Q3 2016 | -19.8% | -23.5% | +1.1% | |
| Q2 2016 | +18.7% | +17.7% | +11.1% | |
| Q1 2016 | -0.5% | — | — | |
| Q4 2015 | +9.1% | — | — | |
| Q3 2015 | -19.8% | — | — | |
| Q2 2015 | -18.0% | — | — | |
| Q1 2015 | +13.2% | — | — | |
| Q4 2014 | +1.7% | — | — | |
| Q3 2014 | -2.5% | — | — | |
| Q2 2014 | -7.8% | — | — | |
| Q1 2014 | -0.1% | — | — | |
| Q4 2013 | -3.4% | — | — | |
| Q3 2013 | +2.4% | — | — | |
| Q2 2013 | -1.1% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -13.5% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | +7.6% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | +3.8% | — | — | |
| Q2 2011 | -9.3% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q4 2010 | -3.2% | — | — | |
| Q3 2010 | +5.2% | — | — | |
| Q2 2010 | +1.2% | — | — | |
| Q1 2009 | +10.3% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q3 2009 | +3.7% | — | — | |
| Q3 2008 | +3.7% | — | — | |
| Q4 2008 | +12.4% | — | — | |
| Q2 2009 | +12.4% | — | — | |
| Q2 2008 | +12.4% | — | — | |
| Q4 2007 | +12.4% | — | — |
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