Newsfeeds - Spark Newswire

2 minute read

Why This Arconic Analyst Is Turning Bearish

Today, 7:49 PM

Arconic Corp (NYSE: ARNC), the Pittsburgh-headquartered aluminum maker with a strong position in Europe may have some near-term demand issues, which lead analysts at Goldman Sachs on Tuesday to issue a Sell note on the stock.

ARNC

1 minute read

Arconic Clocks 9% Sales Decline In Q4 As Rolled Products Segment Takes Hit

By Anusuya Lahiri

Today, 7:49 PM

Arconic Corp (NYSE: ARNC) reported a fourth-quarter sales decline of 9% year-over-year to $1.94 billion, missing the consensus of $1.99 billion.…

ARNC

1 minute read

Arconic FY23 Revenue Outlook $8B – $8.5B Vs. $8.64B Estimate, Adj. EBITDA $650M – $700M

By Benzinga Newsdesk

Today, 7:49 PM

Outlook The Company expects full-year 2023 revenue to be in a range of $8.0 billion to $8.5 billion (assuming LME aluminum price of $2,400/mt and Midwest Premium of $600/mt for the full year). Adjusted EBITDA for the

ARNC

1 minute read

Arconic Q4 Adj. EPS $0.31 Beats $0.28 Estimate, Sales $1.94B Miss $1.99B Estimate

By Benzinga Newsdesk

Today, 7:49 PM

Arconic (NYSE:ARNC) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.28 by 9.64 percent. This is a 22.8 percent increase over earnings of $0.25 per share from the same period

ARNC

9 minute read

Earnings

Earnings Scheduled For February 21, 2023

By Benzinga Insights

Today, 7:49 PM

Companies Reporting Before The Bell • Sohu.com (NASDAQ:SOHU) is likely to report earnings for its fourth quarter.

ABCL

1 minute read

Deutsche Bank Maintains Hold on Arconic, Raises Price Target to $23

By Benzinga Newsdesk

Today, 7:49 PM

Deutsche Bank analyst Corinne Blanchard maintains Arconic (NYSE:ARNC) with a Hold and raises the price target from $22 to $23.

ARNC

2 minute read

Earnings

Looking Into Arconic’s Return On Invested Capital

By Benzinga Insights

Today, 7:49 PM

Arconic (NYSE:ARNC) brought in sales totaling $2.28 billion during Q3 according to data provided by Benzinga Pro. However, earnings decreased 156.52%, resulting in a loss of $65.00 million.

ARNC