Allegheny Ahead of Earnings

Published on Tuesday, 24 January 2012 10:04 Written by Danny Miller

New York, January 24th (TradersHuddle.com) - Shares of Allegheny Technologies Inc. (NYSE:ATI) are trading lower by -2.08% ahead of its quarterly earnings release. Allegheny, the specialty metals producer is expected to release its quarterly results on January 25^th.

Wall Street Analysts consensus calls for a profit of $0.54 a share on $1.3 billion revenue.

Allegheny estimates have a range of $0.12 a share. The high estimate calls for profit of $0.56 a share and the low estimate is calling for a profit of $0.44 a share, a year ago for the quarter the company reported $0.15 a share.

Allegheny Technologies, Inc. (NYSE:ATI) manufactures and sells specialty metals worldwide. The Company's products include include titanium and titanium alloys, nickel-based alloys and superalloys, zirconium, hafnium and niobium, stainless and specialty steel alloys.

Other companies on the watch on this earnings event are Precision Castparts Corp. NYSE:PCP and Titanium Metals Corporation NYSE:TIE.