ATS Q2 Adjusted Earnings and Revenue Fall

06:58 AM EST, 11/04/2026 (MT Newswires) -- ATS (ATS.TO, ATS) reported second quarter fiscal 2027 adjusted earnings per share of CA$0.27 on Wednesday, compared with CA$0.45, a year earlier. Analysts polled by FactSet expected EPS of CA$0.33. Total adjusted revenue decreased to CA$665.8 million in the three months ended Sept. 27, 2026, compared with CA$728.5 million, a year-ago. Analysts expected revenue of CA$679.9 million. The company does not expect to achieve its previous goals for "modest" revenue growth and for margin expansion of 50 to 75 basis points in fiscal 2027, due to delays and the execution time for its order backlog to convert to revenue, it said. ATS expects Q3 fiscal 2027 revenue to be CA$640 million to CA$680 million. Analysts polled by FactSet expect Q3 revenue to be CA$721.0 million. US-listed shares of the company were last seen down 0.2% at $18.92 in pre-market trade.