— Arconic Inc (NYSE: ARNC) reported earnings of $0.53 per share for the fourth-quarter 2019, vs. $0.54 per share expected.
— Net revenue slid 2% $3.40 billion, vs. $3.48 billion expected, hurt by weakness in the automotive, commercial transportation, and building and construction markets.
— For FY2020, expects revenue of $13.9-$14.2 billion, adjusted EPS of $2.22-$2.42, and adjusted free cash flow of $800-$900 million.
— For 1Q20, projects adj. EPS of $0.47-$0.53.
— ARNC stock ended its last trading session down 1.4% on Friday.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,