Benzinga | Oct 29, 2020 08:01AM EDT

Allegheny Technologies Q3 Adj. EPS $(0.38) Beats $(0.60) Estimate, Sales $598.00M Miss $627.10M Estimate

Allegheny Technologies (NYSE:ATI) reported quarterly losses of $(0.38) per share which beat the analyst consensus estimate of $(0.60) by 36.67 percent. This is a 215.15 percent decrease over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $598.00 million which missed the analyst consensus estimate of $627.10 million by 4.64 percent. This is a 41.32 percent decrease over sales of $1.02 billion the same period last year.