Company News: Arconic (ARNC) quarterly earnings beat analysts’ estimates

Market news

8 February 2019

Company News: Arconic (ARNC) quarterly earnings beat analysts’ estimates

Arconic (ARNC) reported Q4 FY 2018 earnings of $0.33 per share (versus $0.31 in Q4 FY 2017), beating analysts’ consensus estimate of $0.30.

The company’s quarterly revenues amounted to $3.472 bln (+6.1% y/y), generally in line with analysts’ consensus estimate of $3.475 bln.

ARNC rose to $18.05 (+2.09%) in pre-market trading.

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