🟢 Allegheny Technologies is trading 10% up today after Q3 adjusted EPS topped estimates

Allegheny Technologies is trading at $182.47, up 10.39%, on October 29 after reporting Q3 results and raising guidance.

• Q3 sales: $1.42 billion, up 26% year over year; adjusted EPS: $1.46, ahead of analysts’ estimates.
• Adjusted EBITDA rose 46% year over year to $328 million. Management raised full-year adjusted EBITDA guidance by $35 million to $1.190–$1.200 billion and adjusted EPS guidance to $5.17–$5.23.
• Coverage linked the share gain to results and outlook, while broader indexes were lower.