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Allegheny Technologies Inc Issues Q3 2013 Guidance Below Analysts' Estimates

Monday, 14 Oct 2013 08:33am EDT 

Allegheny Technologies Inc announced that for third quarter of 2013, it expects sales of approximately $970 million, total segment operating profit in the range of $25 million to $30 million, continuing operations to be a loss of approximately $(0.27) to $(0.30) per share, which includes an additional $(0.04) per share resulting from a lower than normal tax benefit due to the impacts of income taxes reported in domestic and foreign jurisdictions. In addition, ATI third quarter of 2013 results for discontinued operations are expected to include the previously discussed non-recurring special charge of approximately $(0.08) per share. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $1.14 billion, net income of $31 million and EPS of $0.00 for the third quarter 2013. 

Company Quote

-0.26 -0.57%
21 Jul 2014