Arconic (ARNC) Misses Q3 EPS by 37c

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Go back to Arconic (ARNC) Misses Q3 EPS by 37c

Arconic Reports Third Quarter 2021 Results

November 2, 2021 6:45 AM EDT

Third Quarter 2021 Highlights

Sales of $1.9 billion, up 34% year over year, and up 5% from prior quarter Net income of $16 million, or $0.15 per share, compared with $5 million, or $0.05 per share, in third quarter 2020 Adjusted EBITDA of $171 million, up 4% year over year, and down 9% from prior quarter Repurchased nearly 3 million shares at a cost of approximately $97 million for year-to-date repurchases of $106 million toward $300 million authorization

PITTSBURGH--(BUSINESS WIRE)-- Arconic Corporation (NYSE: ARNC) (Arconic or the Company) today reported third quarter 2021 results. Revenue was $1.9... More