ATI Inc (NYSE:ATI) Reports Mixed Q2 2025 Earnings with Strong Aerospace Growth but Revenue Miss

ATI INC (NYSE:ATI) reported its second-quarter 2025 earnings, delivering mixed results compared to analyst expectations. The company’s performance was driven by strong demand in its aerospace and defense segment, though the market reaction suggests some disappointment.

Earnings and Revenue Performance

• Revenue: ATI reported Q2 2025 revenue of $1.14 billion, falling short of the consensus estimate of $1.16 billion.
• Earnings Per Share (EPS): The company posted an EPS of $0.74, slightly above the estimated $0.72.
• Aerospace & Defense Sales: The segment contributed $762 million, accounting for 67% of total sales, with a 27% year-over-year increase in commercial jet engine sales.

While EPS outperformed expectations, the revenue miss appears to be weighing on investor sentiment, as reflected in the stock’s pre-market decline of over 8%.

Market Reaction and Price Action

The immediate negative reaction suggests investors were anticipating stronger top-line growth, particularly given the company’s recent expansion of its titanium supply agreement with Boeing. Prior to earnings, ATI’s stock had shown positive momentum, gaining 12.3% over the past month and 4.9% in the last two weeks, likely buoyed by optimism around aerospace demand.

Key Takeaways from the Press Release

• Aerospace & Defense Remains Core Driver: The segment’s strong performance underscores ATI’s positioning in a high-growth market, particularly in commercial aviation.
• Boeing Partnership Extended: The expanded titanium supply agreement with Boeing reinforces long-term revenue visibility in this sector.
• Margins and Profitability: The EPS beat indicates cost management or pricing power, even as revenue slightly missed expectations.

Looking Ahead

Analysts estimate Q3 2025 revenue at $1.16 billion and full-year 2025 revenue at $4.68 billion. The company did not provide explicit guidance in its press release, leaving investors to assess whether the aerospace momentum can sustain growth amid broader economic conditions.

For a deeper dive into ATI’s earnings and future estimates, review the detailed breakdown here.

Disclaimer: This article is not investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.