Published on 2 Aug 2022 on Zacks via Yahoo Finance
Arconic (ARNC) Misses Q2 Earnings and Revenue Estimates
Arconic (ARNC) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -13.89%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.39, delivering a surprise of -9.30%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.