ARNC News and Press, Arconic Inc. From 11/02/21

The following slide deck was published by Arconic Corporation in conjunction with their 2021 Q3 earnings call. For further details see: Arconic Corporation 2021 Q3 - Results - Earnings Call Presentation

Arconic (NYSE:ARNC) -1.2% pre-market after Q3 GAAP earnings missed estimates but more than tripled to $16M from $5M in the year-ago period, as revenues rose by a third Y/Y and 5% Q/Q to $1.9B mostly due to higher aluminum prices. Q3 adjusted EBITDA rose 4% Y/Y but fell 9% Q/Q to $171M, citing...

Arconic (NYSE:ARNC): Q3 GAAP EPS of $0.15 misses by $0.37. Revenue of $1.89B (+33.1% Y/Y) misses by $50M. Press Release Adjusted EBITDA of $171 million, up 4% year over year, and down 9% from prior quarter For further details see: Arconic EPS misses by $0.37, misses on revenue

Third Quarter 2021 Highlights Sales of $1.9 billion, up 34% year over year, and up 5% from prior quarter Net income of $16 million, or $0.15 per share, compared with $5 million, or $0.05 per share, in third quarter 2020 Adjusted EBITDA of $171 million, up 4% year over ...

Arconic (NYSE:ARNC) is scheduled to announce Q3 earnings results on Tuesday, November 2nd, before market open. The consensus EPS Estimate is $0.58 and the consensus Revenue Estimate is $1.94B (+37.1% Y/Y). Over the last 1 year, ARNC has beaten EPS estimates 50% of the time and has beaten...

Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss third quarter 2021 financial results on Tuesday, November 2, 2021 at 10 a.m. Eastern Time. The Company will issue its press release announcing financial ...

Alcoa (NYSE:AA) +3% pre-market as aluminum prices jump to their highest since 2008 as production in China, already trimmed by the government anti-pollution efforts, is further curbed by power shortages. Reuters reports benchmark aluminum on the London Metal Exchange (LMAHDS03:COM) rose m...

Benchmark aluminum on the London Metal Exchange (LMAHDS03:COM) +2.1% at $2,917/metric ton, challenging last month's high of $3,000 for its highest since July 2008, while LME copper (HG1:COM) +1.7% at $9,283/mt. China has imposed production curbs on high-polluting industries such as smelting t...

Aluminum prices continue to rally, with the spot price on the London Metals Exchange hitting $3,000 per metric ton for the first time in more than a decade on supply issues. Alcoa (NYSE:AA) is up 2.4% premarket, with other aluminum plays Arconic (NYSE:ARNC), Constellium (NYSE:CSTM) ...

I analyzed 3 headlines provided by Arconic's CEO on the 2Q Earnings Call - he asked to pay special attention to them. I don't think Q2 2021 was "strong" as the CEO said - it was just promising. The company has a lot of different catalysts, but it did not cope with them before the ...