Company News: Arconic (ARNC) quarterly results beat analysts’ expectations

Market news

24 July 2017

Company News: Arconic (ARNC) quarterly results beat analysts’ expectations

Arconic (ARNC) reported Q2 FY 2017 earnings of $0.32 per share, beating analysts' consensus estimate of $0.26.

The company's quarterly revenues amounted to $3.261 bln (+0.8% y/y), beating analysts' consensus estimate of $3.184 bln.

ARNCrose to $26.50 (+5.12%) in pre-market trading.

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Canadian wholesale sales rose 0.9% to a record high $61.6 billion in May

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