Arconic (ARNC) Tops Q1 EPS by 4c, Revenues Beat; Raises FY19 EPS/Adj. FCF Guidance, Affirms FY19 Revenue Views
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Arconic Reports First Quarter 2019 Results
April 30, 2019 8:00 AM EDTFirst Quarter 2019 Highlights
Revenue of $3.5 billion, up 3% year over year; organic revenue1 up 9% year over year Net income of $187 million, or $0.39 per share, versus net income of $143 million, or $0.29 per share, in the first quarter 2018 Net income excluding special items of $208 million, or $0.43 per share, versus $169 million, or $0.34 per share, in the first quarter 2018 Operating income of $374 million, up 12% year over year Operating income excluding special items of $397 million, up 15% year over year Operating income margin excluding special items up 120 basis points... More