Allegheny Technologies Earnings: Your Sneak Peek to the Big Announcement

Allegheny Technologies (NYSE:ATI) will report earnings before markets open on Wednesday, July 24th. Allegheny Technologies, Inc., produces specialty materials. The Company’s products include include titanium and titanium alloys, nickel-based alloys and superalloys, zirconium, hafnium and niobium, stainless and specialty steel alloys, grain-oriented electrical steel, tungsten-based materials and cutting tools, carbon alloy impression die forgings, and large grey and ductile iron.

Here is your Cheat Sheet to Allegheny Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.13 per share on revenues of $1.21 billion. Currently, the company’s P/E ratio stands at 25.87.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.49 to a profit $0.26. For the current year, the average estimate is a profit of $0.82, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Allegheny Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 5,310 3,055 4,048 5,183 5,032
Diluted EPS ($) 5.67 0.32 0.72 1.97 1.43

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,357.40 1,220.50 1,101.10 1,179.40
Diluted EPS ($) 0.50 0.32 0.10 0.09

Past Performance:
Allegheny Technologies has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)