Arconic (ARNC) Misses Q4 EPS by 1c, Offers Guidance
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Arconic Reports Fourth Quarter and Full Year 2016 Results
January 31, 2017 4:05 PM ESTNEW YORK--(BUSINESS WIRE)-- On November 1, 2016, Alcoa Inc. successfully separated into two standalone companies: Arconic Inc. (the new name for Alcoa Inc.) and Alcoa Corporation. Arconic is a global leader in multi-materials innovation, precision engineering and advanced manufacturing, mainly in aerospace and transportation.
This is Arconics first quarter reporting earnings following the separation. The numbers include one month of Alcoa Corporation for fourth quarter 2016 and ten months of Alcoa Corporation for full-year 2016. The pre-separation historical results of the businesses that now comprise Alcoa Corporation are presented as discontinued operations in Arconics financial results for all periods.
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