$0.25 EPS Expected for Arconic Inc. (ARNC)

December 31, 2017 – By Adrian Mccoy

Analysts expect Arconic Inc. (NYSE:ARNC) to report $0.25 EPS on January, 30.They anticipate $0.13 EPS change or 108.33 % from last quarter’s $0.12 EPS. ARNC’s profit would be $120.33M giving it 27.25 P/E if the $0.25 EPS is correct. After having $0.25 EPS previously, Arconic Inc.’s analysts see 0.00 % EPS growth. The stock decreased 1.34% or $0.37 during the last trading session, reaching $27.25. About 2.69 million shares traded. Arconic Inc. (NYSE:ARNC) has risen 34.47% since December 31, 2016 and is uptrending. It has outperformed by 17.77% the S&P500.

Arconic Inc. (NYSE:ARNC) Ratings Coverage

Among 4 analysts covering Arconic (NYSE:ARNC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Arconic had 5 analyst reports since December 8, 2016 according to SRatingsIntel. The firm earned “Market Perform” rating on Thursday, March 30 by Cowen & Co. Seaport Global upgraded it to “Buy” rating and $27 target in Thursday, July 13 report. The stock has “Buy” rating by Argus Research on Thursday, December 8. Cowen & Co maintained the shares of ARNC in report on Monday, June 26 with “Hold” rating. Longbow initiated the stock with “Neutral” rating in Friday, March 31 report.

Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. The company has market cap of $13.12 billion. It operates through three divisions: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. It currently has negative earnings. The Global Rolled Products segment produces and sells aluminum sheets and plates; and aseptic foils.

More news for Arconic Inc. (NYSE:ARNC) were recently published by: Businesswire.com, which released: “Arconic Appoints Dave Miller to Join Board of Directors” on December 19, 2017. Businesswire.com‘s article titled: “Arconic Divests its Latin America Extrusions Business” and published on December 08, 2017 is yet another important article.