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ARNC News and Press, Arconic Inc. From 11/11/20

Stock Information

Company Name: Arconic Inc.
Stock Symbol: ARNC
Market: NYSE
Website: arconic.com

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ARNC - Aluminum hits 20-month high as China demand erodes supplies

Aluminum futures (LMAHDS03:COM) on the London Metal Exchange closed at $1,908/mt, their highest level since March 2019, as greater than expected Chinese demand depleted inventories.Bloomberg reports China's aluminum ingot inventories in eight major consumption centers, including Shanghai and ...

ARNC - Arconic Corporation (ARNC) CEO Tim Myers on Q3 2020 Results - Earnings Call Transcript

Arconic Corporation (ARNC) Q3 2020 Earnings Conference Call November 05, 2020 10:00 AM ET Company Participants Shane Rourke - Director, IR Tim Myers - Chairman and CEO Erick Asmussen - EVP and CFO Conference Call Participants Curt Woodworth - Credit Suisse Chris Terry - Deutsche Bank Josh Sul...

ARNC - Arconic Inc. (ARNC) Q3 2020 Earnings Call Transcript

Image source: The Motley Fool. Arconic Inc. (NYSE: ARNC) Q3 2020 Earnings Call Nov 5, 2020 , 10:00 a.m. ET Operator Continue reading For further details see: Arconic Inc. (ARNC) Q3 2020 Earnings Call Transcript

ARNC - Arconic +9% post Q3 results; guides FY20 revenue below consensus

Arconic ([[ARNC]] +9.5%) reported Q3 sales of $1.42B an increase of 19% sequentially reflecting strength in automotive end-market volumes; and decline of 21.1% Y/Y reflecting weaker volumes across all end markets other than automotive.Revenue by segments: Rolled Products $1.09B (-21.8% Y/Y); ...

ARNC - Arconic Corporation 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Arconic Corporation in conjunction with their 2020 Q3 earnings call. For further details see: Arconic Corporation 2020 Q3 - Results - Earnings Call Presentation

ARNC - Arconic EPS misses by $0.05, beats on revenue

Arconic (ARNC): Q3 GAAP EPS of $0.05 misses by $0.05.Revenue of $1.42B (-21.1% Y/Y) beats by $30M.Adjusted EBITDA of $165M; Cash provided from operations of $240M.Press Release For further details see: Arconic EPS misses by $0.05, beats on revenue

ARNC - Arconic Reports Third Quarter 2020 Results

Third Quarter 2020 Key Results Sales of $1.4 billion, up 19% from prior quarter, down 22% year over year Net income of $5 million, or $0.05 per share, compared to a net loss of $24 million, or $0.22 per share, in third quarter 2019 Adjusted EBITDA of $165 million (refe...

ARNC - Arconic to Host Webcast and Announce Third Quarter 2020 Results

Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss third quarter 2020 financial results on Thursday, November 5, 2020 at 10 a.m. Eastern Time. The Company will issue its press release announcing financial...

ARNC - Aluminum on the rise as Chinese demand strengthens

Aluminum prices (LMAHDS03:COM) are hovering near 18-month highs, with London Metal Exchanges three-month futures ending Friday at $1,863.50/mt, the highest closing level since April 2019.Other base metals also have been setting new highs on the LME, with tin touching a 15-month closing high o...

ARNC - U.S. tariffs to target 18 countries dumping aluminum, Ross says

The U.S. will impose new tariffs on $1.96B worth of aluminum sheet products from 18 countries including Germany and Brazil after determining that the goods were being dumped, Commerce Secretary Ross says.The new tariffs are in effect now, even though the department's determination that there ...

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