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What: Shares of Allegheny Technologies
So What: Sales were up 27% and 33% for the fourth quarter and full year, respectively. EPS fell 58% and rose 125% over the same periods. As you might expect, various esoteric charges and costs affected earnings.
Now What: Investors were no doubt pleased to hear CEO Patrick Hassey's declaration that the company's "key global markets are showing signs of strong growth." For those of you modeling at home, expect 15% to 20% revenue growth in 2011.
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Fool analyst Rex Moore owns no companies mentioned here. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insightsmakes us better investors. The Motley Fool has a disclosure policy.
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