ATI Boosts FY26 Outlook; Shares Up 5.3% - Update

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While reporting financial results for the second quarter on Thursday, ATI, Inc. (ATI) said it expects adjusted earnings for the third quarter in a range of $1.3198 to $1.37 per share.

Looking ahead to fiscal 2026, the company now projects adjusted earnings in a range of $4.90 to $5.18 per share, up from the prior forecast range of $4.20 to $4.48 per share.

The company raised its guidance based on contracted pricing improvements, a richer product mix and increasing production volumes.

In Thursday's pre-market trading, ATI is trading on the NYSE at $216.01, up $10.77 or 5.25 percent.

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ATI Inc. raised its fiscal 2026 adjusted earnings guidance to $4.90-$5.18 per share, up from the previous forecast of $4.20-$4.48, citing improved contracted pricing, a richer product mix, and increasing production volumes. The company also projected Q3 adjusted earnings between $1.3198 and $1.37 per share. Following the update, ATI shares rose 5.3% in pre-market trading.