— Arconic Inc. (NYSE: ARNC) reported adjusted earnings of $0.58 per share for the third quarter of 2019, vs. $0.52 per share expected.
— Unadjusted net income was $95 million, or $0.21 per share, versus $161 million, or $0.32 per share, in the third quarter of 2018
— Reported revenues of $3.6 billion, representing a 1% year-over-year increase, vs. $3.58 billion expected; organic revenue up 6%
— Engineered Products and Forgings revenues grew 7% to $1.8 billion, while Global Rolled Products revenue dropped 4% to $1.8 billion
— Expects full-year revenues between $14.15 billion and $14.35 billion, down from the previous outlook of $14.3 billion to $14.6 billion
— Raises adjusted earnings per share guidance to the range of $2.07-$2.11 from the earleir outlook of $1.95-$2.05
Most Popular
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,
