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Arconic Q2 EPS $0.58 Beats $0.38 Estimate, Sales $1.99B Miss $2.08B Estimate

Author: Benzinga Newsdesk | July 31, 2023 04:38pm
Arconic (NYSE:ARNC) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.38 by 52.63 percent. This is a 44.76 percent decrease over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $1.99 billion which missed the analyst consensus estimate of $2.08 billion by 4.33 percent. This is a 21.90 percent decrease over sales of $2.55 billion the same period last year.

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