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ARNC News and Press, Arconic Inc. From 02/14/22

Stock Information

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

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ARNC - Paul Singer's Elliot Management takes new stake in Switch; exits Frontier Communications

Billionaire hedge fund manager Paul Singer's Elliot Management opened a new position in Switch (NYSE:SWCH) with 5.79M shares, according to the fund's most recent 13-F filing. Boosted stake in Valaris (NYSE:VAL) to 2.23M shares from 1.81M in the previous period. Closed out positions in Frontie...

ARNC - Arconic to Host Webcast and Announce Fourth Quarter 2021 and Full Year 2021 Results

Arconic Corp. (NYSE: ARNC) (“Arconic” or “the Company”) will hold a webcast and teleconference to discuss fourth quarter 2021 and full year 2021 financial results on Friday, February 18, 2022 at 10 a.m. Eastern Time. The Company will issue its press release a...

ARNC - Rush to Provide Domestic Critical Minerals as Alternative to Chinese Supply

FN Media Group Presents USA News Group News Commentary Vancouver, BC – January 12, 2022 – USA News Group –  Several governments around the globe are jockeying for position to secure critical minerals ahead of the energy transition . Much...

ARNC - Elliott Management adds Santander Consumer USA, exits Pinterest

Paul Singer's Elliott Management, known for its shareholder activist campaigns, acquires new stakes in Santander Consumer USA Holdings (NYSE:SC) with 12.5M shares, Healthcare Trust of America (NYSE:HTA) with 3.33M shares, and APA Corp. (NASDAQ:APA) with 2.75M shares in Q3, according to its la...

ARNC - Arconic Corporation (ARNC) CEO Tim Myers on Q3 2021 Results - Earnings Call Transcript

Arconic Corporation (ARNC) Q3 2021 Earnings Conference Call November 2, 2021 10:00 AM ET Company Participants Shane Rourke - Director, IR Tim Myers - CEO Erick Asmussen - EVP and CFO Conference Call Participants Curt Woodworth - Credit Suisse Emily Chang - Goldman Sachs Josh Sullivan - The Be...

ARNC - Arconic inc (ARNC) Q3 2021 Earnings Call Transcript

Image source: The Motley Fool. Arconic inc (NYSE: ARNC) Q3 2021 Earnings Call Nov 2, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: Arconic inc (ARNC) Q3 2021 Earnings Call Transcript

ARNC - Arconic Corporation 2021 Q3 - Results - Earnings Call Presentation

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

ARNC - Arconic raises full-year sales guidance but trims EBITDA outlook

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...

ARNC - Arconic EPS misses by $0.37, misses on revenue

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

ARNC - Arconic Reports Third Quarter 2021 Results

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 ...

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