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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 ...
Aluminum prices in Shanghai hit a 13-year high while the London benchmark contract climbs within striking distance of its highest level in more than three years. The most-traded September aluminum contract (LMAHDS03:COM) on the Shanghai Futures Exchange +1.6% to 20,575 yuan/metric ton ($3,174...
Arconic Corporation (ARNC) Q2 2021 Earnings Conference Call August 3, 2021 10:00 ET Company Participants Shane Rourke - Investor Relations Tim Myers - Chief Executive Officer Erick Asmussen - Executive Vice President and Chief Financial Officer Conference Call Participants Curt Woodworth - Cr...
Image source: The Motley Fool. Arconic inc (NYSE: ARNC) Q2 2021 Earnings Call Aug 3, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: Arconic inc (ARNC) Q2 2021 Earnings Call Transcript
The following slide deck was published by Arconic Corporation in conjunction with their 2021 Q2 earnings call. For further details see: Arconic Corporation 2021 Q2 - Results - Earnings Call Presentation
Arconic (NYSE:ARNC) -0.3% pre-market after reporting a $427M loss for Q2, larger than the $96M loss in the same period last year, but it raises full-year revenue guidance in light of the effects of increased metal prices. Arconic now expects FY 2021 revenues of $7.3 B-$7.6B, raised from a pri...
Arconic (NYSE:ARNC): Q2 EPS of -$3.89 may not be comparable to consensus of $0.49. Second quarter 2021 includes an after-tax charge of $423 million related to a partial annuitization of U.S. pension obligations. Revenue of $1.8B (+51.3% Y/Y) misses by $20M. The Company is updating i...
Second Quarter 2021 Highlights Sales of $1.8 billion, up 52% year over year, and up 8% from prior quarter Net loss of $427 million, or $3.89 per share, compared with net loss of $96 million, or $0.88 per share, in second quarter 2020. Second quarter 2021 includes an after-...
Multibillion dollar deals and earnings drove this week's top industrial stocks as the five new entrants rallied close behind each other with less than 3.5% gains separating the leader and #5. Meanwhile, earnings continued to rattle some stocks in the decliners list. Industrial Select Sec...
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Howmet Aerospace Inc. (NYSE:HWM) will announce its second quarter 2024 financial results on Tuesday, July 30, 2024. The press release and presentation materials will be available at approximately 7:00 AM ET on July 30, 2024, via the “Investors” section of the Howmet Aerospace websit...
Howmet Aerospace Inc. (NYSE:HWM) announced today that John C. Plant, Executive Chairman and Chief Executive Officer, will participate in Bernstein’s 40 th Annual Strategic Decisions Conference on Wednesday, May 29th, 2024, at 3:30 PM ET. A link to the real-time audio webcast of the...
Record Quarterly Revenue, Up 14% Year Over Year; Strong Profit and Cash from Operations $150 Million Deployed for Common Stock Repurchases Full Year 2024 Guidance Increased Howmet Aerospace (NYSE:HWM): First Quarter 2024 GAAP Financial Results Revenue of $1...