ARNC News and Press, Arconic Inc. From 05/04/21

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Shares of specialty metal parts maker Arconic (NYSE: ARNC) rose a swift 14% as market trading got underway on May 4. By 10 a.m. EDT, the stock was still holding on to a roughly 11% gain. The story here today is all about earnings. Arconic reported first-quarter 2021 earnings bef...

Arconic (ARNC) +3% pre-market after reporting stronger than expected Q1 earnings and revenues while also raising full-year guidance, citing higher aluminum prices and strong orders from the aerospace sector.Q1 GAAP earnings totaled $52M, or $0.46/share, compared with $46M, or $0.42/share...

Arconic (ARNC): Q1 GAAP EPS of $0.46 beats by $0.14.Revenue of $1.68B (+4.3% Y/Y) beats by $150M.The Company is updating its full-year 2021 outlook in light of strength in the industrial and international packaging markets, the final trade case ruling on common alloy aluminum sheet in March, ...

First Quarter 2021 Highlights Sales of $1.7 billion, up 4% year over year, and up 15% from prior quarter Net income of $52 million, or $0.46 per share, compared with $46 million, or $0.42 per share, in first quarter 2020 Adjusted EBITDA of $179 million, down 12% year o...

Arconic (NYSE:ARNC) is scheduled to announce Q1 earnings results on Tuesday, May 4th, before market open.The consensus EPS Estimate is $0.27 and the consensus Revenue Estimate is $1.53B.Analysts expect Adjusted EBITDA of $149M.Over the last 2 years, ARNC has beaten EPS estimates 88% of the ti...

Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss first quarter 2021 financial results on Tuesday, May 4, 2021 at 10 a.m. Eastern Time. The Company will issue its press release announcing financial resul...

Copper futures wrap up a third consecutive weekly gain to score their highest finish in more than nine years, sparked in part by raised expectations for copper demand from the Biden administration's infrastructure and renewable energy spending plans.May Comex copper (HG1:COM) closed +1.5% to ...

After the 2020 spin-off, Arconic has been solely focused on rolled aluminum products in a market that will see a rapid rise in aluminum demand. Despite rising more than 170% over the past 12 months, Arconic is still attractively priced and due to continue its rally. 2021 is set to...

Aluminum prices (LMAHDS03:COM) jumped to their highest in nearly three years, as Chinese trade data shows export momentum remained strong in March after record gains in February, while imports topped expectations.The figures suggest the global economic rebound is helping lift demand in China,...