ATI reports Q2 adjusted EPS 74c, consensus 71c

Reports Q2 revenue $1.14B, consensus $1.16B. “Our Q2 performance demonstrates strong, sustained demand in ATI‘s (ATI) aerospace and defense end markets. Consistent operational performance drove double-digit growth in net income, EPS and adjusted EBITDA on a year-over-year basis,” said CEO Kimberly Fields. “We see demand increasing from our A&D customers as the industry looks toward ramping production and deliveries through the remainder of 2025 and continuing into 2026. Recent long-term contract extensions with both major airframe companies further underscore ATI’s unique position in this industry. ATI continues to take a disciplined approach to capital allocation, balancing investments to support growth and reliability with returning capital to shareholders. During the second quarter, we delivered on our commitment to repurchase $250M shares of our stock, bringing our total 2025 share repurchases to $320M. Our remaining board authorization for buybacks is now $270M, which we will deploy opportunistically”.