earnings
confidence high
sentiment positive
materiality 0.80
ATI beats Q2 guidance, raises full-year 2026 outlook; EPS up 56% YoY
ATI INC
- Q2 sales $1.26B (+11% YoY); net income $151M (+50%); GAAP EPS $1.09 vs $0.70.
- Adjusted EPS $1.23 (+66% YoY); adjusted EBITDA $284M (+37%); margin 22.6% (+440 bps).
- Aerospace & defense sales up 13% YoY, driving overall growth.
- Full-year 2026 adjusted EBITDA guidance raised to $1,135M-$1,185M (prior $1,010M-$1,060M).
- Full-year adjusted EPS raised to $4.90-$5.18; adjusted free cash flow raised to $550M-$600M.