Why Arconic Shares Are Trading Higher By 26%; Here Are 20 Stocks Moving Premarket
Gainers
Almaden Minerals Ltd. (NYSE: AAU) gained 72.3% to $0.2111 in pre-market trading after gaining 2% on Wednesday.
Arconic: Q1 Earnings Insights
Arconic (NYSE:ARNC) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:45 AM. Here’s what investors…
Arconic to Be Acquired by Apollo Funds In All Cash Deal of $5.2B
Arconic Corporation (NYSE:ARNC) ("Arconic" or the "Company") announced today that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management,
Earnings Scheduled For May 4, 2023
Companies Reporting Before The Bell
• Cedar Fair (NYSE:FUN) is estimated to report quarterly loss at $1.83 per share on revenue of $104.21 million.
Private Equity Apollo Global Nears Arconic $3B Deal: Report
Apollo Global Management Inc (NYSE: APO) is reportedly close to taking Arconic Corporation (NYSE: ARNC) private in a roughly $3 billion deal. The deal is set to value Arconic at $30/share.
Benzinga’s Top Ratings Upgrades, Downgrades For April 12, 2023
Upgrades Wolfe Research upgraded the previous rating for Raytheon Technologies Corp (NYSE:RTX) from Peer Perform to Outperform. In…
Why This Arconic Analyst Is Turning Bearish
Arconic Corp (NYSE: ARNC), the Pittsburgh-headquartered aluminum maker with a strong position in Europe may have some near-term demand issues, which lead analysts at Goldman Sachs on Tuesday to issue a Sell note on the stock.
Arconic Clocks 9% Sales Decline In Q4 As Rolled Products Segment Takes Hit
Arconic Corp (NYSE: ARNC) reported a fourth-quarter sales decline of 9% year-over-year to $1.94 billion, missing the consensus of $1.99 billion.…
Arconic FY23 Revenue Outlook $8B – $8.5B Vs. $8.64B Estimate, Adj. EBITDA $650M – $700M
Outlook
The Company expects full-year 2023 revenue to be in a range of $8.0 billion to $8.5 billion (assuming LME aluminum price of $2,400/mt and Midwest Premium of $600/mt for the full year). Adjusted EBITDA for the
Arconic Q4 Adj. EPS $0.31 Beats $0.28 Estimate, Sales $1.94B Miss $1.99B Estimate
Arconic (NYSE:ARNC) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.28 by 9.64 percent. This is a 22.8 percent increase over earnings of $0.25 per share from the same period