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Just caught ATI's earnings call and their forward guidance is actually pretty solid. They're guiding FY26 adj earnings between $3.99 to $4.27 per share, which beats what analysts were expecting at $3.88. For Q1 specifically they're looking at $0.83 to $0.89, and consensus was sitting at $0.87 so right in that ballpark.
Market seems to like it - stock jumped nearly 5% in premarket, trading around $127.88. Interesting to see how the adjusted earnings narrative plays out over the year. Worth keeping an eye on whether they hit the upper or lower end of that range.