$0.25 EPS Expected for Arconic Inc. (ARNC)

December 27, 2017 - By Michael Collier

 $0.25 EPS Expected for Arconic Inc. (ARNC)

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 $120.33 million giving it 27.07 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 increased 0.89% or $0.24 during the last trading session, reaching $27.07. About 1.99M shares traded. Arconic Inc. (NYSE:ARNC) has risen 34.47% since December 27, 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. Seaport Global upgraded Arconic Inc. (NYSE:ARNC) on Thursday, July 13 to “Buy” rating. The firm has “Market Perform” rating by Cowen & Co given on Thursday, March 30. Cowen & Co maintained the shares of ARNC in report on Monday, June 26 with “Hold” rating. The stock of Arconic Inc. (NYSE:ARNC) has “Buy” rating given on Thursday, December 8 by Argus Research. The stock of Arconic Inc. (NYSE:ARNC) earned “Neutral” rating by Longbow on Friday, March 31.

Arconic Inc. engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. The company has market cap of $13.03 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.

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