Arconic (NYSE: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.
