Arconic: Q2 Earnings Insights

Arconic: Q2 Earnings Insights

 

Arconic ARNC reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Arconic beat estimated earnings by 36.36%, reporting an EPS of $1.05 versus an estimate of $0.77.

Revenue was up $747.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 3.89% increase in the share price the next day.

Here's a look at Arconic's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.46 0.48 0.52 0.49
EPS Actual 0.39 0.25 0.15 -0.05
Revenue Estimate 2.25B 2.08B 1.94B 1.82B
Revenue Actual 2.19B 2.14B 1.89B 1.80B

To track all earnings releases for Arconic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews