ARNC News and Press, Arconic Inc. From 12/10/20

Arconic Corporation (NYSE: ARNC) (“Arconic”) announced today that Austin G. Camporin will be stepping down from the Board of Directors effective December 10 th . Mr. Camporin, Portfolio Manager at Elliott Management, has served on the Arconic Board and its Finance ...

Arconic is armed and ready with all the assets necessary to upscale their production as aluminum products' demand rises in the US. Minimal capex in next few years means a high cash flow and, thus, high equity value. Valuation suggests fair pricing by the market with a high probabi...

Some investors claim value investing is dead and will remain dead post-Covid. This is based on their annual underperformance compared to growth of 6.1% since 2007, which worsened in 2020. Most investors claim that this is caused by incremental power of tech stocks and 0% interest rate...

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 ...

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...

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

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); ...

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

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

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...