08:02 AM EDT, 10/29/2024 (MT Newswires) -- ATI (ATI) reported Q3 adjusted earnings Tuesday of $0.60 per share, down from $0.64 a year earlier.

Analysts polled by Capital IQ expected $0.67.

Net sales for the quarter ended Sept. 30 were $1.05 billion, compared with $1.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.12 billion.

For 2024, the company said it now expects adjusted EPS to be in the range of $2.24 to $2.30, compared with $2.40 to $2.60 previously. Analysts polled by Capital IQ expect $2.48.

ATI shares were down 7.2% in recent premarket activity.

Price: 58.70, Change: -4.52, Percent Change: -7.15