ATI Inc (NYSE: ATI), a leading diversified industrial manufacturer, witnessed a remarkable surge of 10.43% in its stock price during pre-market trading on Tuesday. This significant rally was driven by the company's impressive fourth-quarter earnings results, which surpassed Wall Street's expectations, and a robust outlook for the upcoming year.

For the fourth quarter of fiscal 2024, ATI reported adjusted earnings per share of $0.79, marking a substantial 29.51% beat over the consensus analyst estimate of $0.61. Furthermore, the company's quarterly revenue came in at $1.20 billion, exceeding the anticipated $1.09 billion by 10.02%. These strong results showcased year-over-year increases of 23.44% in earnings per share and 12.78% in revenue, highlighting ATI's robust execution and operational efficiency.

The impressive quarterly performance can be attributed to strong demand across ATI's core markets, particularly in the aerospace and defense sectors. The company's Chief Executive Officer, Kimberly A. Fields, expressed confidence in the company's ability to deliver growth and margin expansion in 2025 and beyond, driven by the robust demand witnessed in its end markets.

Looking ahead, ATI provided an optimistic outlook for the first quarter and full-year 2025. The company expects adjusted EBITDA to range between $170 million and $180 million in the first quarter, and between $800 million and $840 million for the full year. Additionally, ATI forecasts adjusted earnings per share to be within the range of $0.55 to $0.61 for the first quarter and $2.80 to $3.00 for the full year 2025.

The strong fourth-quarter results and the positive outlook for 2025 have been well-received by investors, as evidenced by the significant surge in ATI's stock price in pre-market trading. The company's ability to capitalize on the increasing demand in its core markets, coupled with its efficient operations and strategic initiatives, positions it for continued growth and value creation in the coming year.