UPDATE: Arconic (ARNC) Miss Q4 EPS by 1c; Offers Q1 & FY20 EPS Mid-Point Guidance Below Consensus, FY20 Revenue Mid-Point Guidance Below Consensus

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Go back to UPDATE: Arconic (ARNC) Miss Q4 EPS by 1c; Offers Q1 & FY20 EPS Mid-Point Guidance Below Consensus, FY20 Revenue Mid-Point Guidance Below Consensus

Arconic Reports Fourth Quarter 2019 and Full Year 2019 Results

January 27, 2020 6:50 AM EST

Fourth quarter 2019 sharp year-over-year improvement in earnings and operational cash flows

On track to execute separation on April 1, 2020 

Fourth Quarter 2019 Highlights

Revenue of $3.4 billion, down 2% year over year; organic revenue1 up 1% year over year Net income of $309 million, or $0.70 per share, versus net income of $218 million, or $0.44 per share, in the fourth quarter 2018 Net income excluding special items of $234 million, or $0.53 per share, versus $162 million, or $0.33 per share, in the fourth quarter 2018 Operating income of $416 million versus $323 million in the fourth... More