Having met analysts' estimates last quarter, Allegheny Technologies Incorporated (ATI) is expected to deliver its latest earnings on Wednesday, July 25, 2012.

Expectations

Analysts currently expect Allegheny Technologies Incorporated to come in with earnings of 56 cents per share on revenues of $1.38 billion. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 70 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $3.67 per share between June 25, 2012 and July 2, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $7.88 (-19.8%), from $39.76 to $31.88.

Company Fundamental Trends
The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 21.8% over the last four quarters. This earnings announcement is definitely a chance to return to form after last quarter's profit drop broke a streak of income increases. Before falling in the first quarter, revenue rose 75.8% in the second quarter of the last fiscal year, 6130% in the third quarter of the last fiscal year and more than twofold in the fourth quarter of the last fiscal year.

Stock Ratings

Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit fell 0.2% to $56.2 million (50 cents a share) from $56.3 million (54 cents a share) the year earlier, meeting analyst expectations. Revenue rose 10.2% to $1.35 billion from $1.23 billion.

Summary

 

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012 before market open

EPS: 56 cents

Revenue Estimate: $1.38 billion

 

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)