On April, 29. Investors expect Arconic Inc. (NYSE:ARNC) to publish its quarterly earnings, RTT reports. Analysts expect change of 8.82 % or $0.03 from previous year’s $0.34 earnings per share compared to current’s $0.37 earnings per share. If $0.37 is reported, ARNC’s profit will be $167.65M for 13.28 P/E. After $0.33 EPS report previous quarter, Wall Street now predicts 12.12 % EPS growth of Arconic Inc.. The stock increased 2.88% or $0.55 during the last trading session, reaching $19.66.Arconic Inc. has 6.64M shares volume, 12.69% up from normal. ARNC is downtrending and has moved 23.02% since April 2, 2018. ARNC underperformed the S&P 500 by 27.39%.
Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide.The company has $8.91 billion market cap. It operates through three divisions: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions.The P/E ratio is 15.19. The Global Rolled Products segment produces and sells aluminum sheets and plates; and aseptic foils.
More recent Arconic Inc. (NYSE:ARNC) news were announced by Gurufocus.com, Seekingalpha.com and Benzinga.com. The first one has “Mar 13, 2019 – Arconic Inc (ARNC) Chairman and CEO John C Plant Bought $2 million of Shares – GuruFocus.com” as a title and was announced on March 13, 2019. The next is “Arconic: Back To Square One All Over Again – Seeking Alpha” on March 05, 2019. And last was announced on March 17, 2019, called “Insider Buys Of The Week: Activision, Arconic, CVS Health – Benzinga”.
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